TSMC is making headlines again with its AI exploits. The world’s largest chipmaker raked in 868.5 billion New Taiwan dollars ($26.3 billion) in revenue for

Chip stocks surged in intraday trading Monday after Taiwan's Foxconn posted record fourth-quarter revenue, driven by the boom in artificial intelligence (AI) demand.

Boldly going Nvidia and TSMC have developed a silicon photonics-based chip prototype, according to a recent report from the Taiwanese press. Silicon photonics merges photonic circuits with traditional electronic circuits to surpass physical limitations in semiconductor fabrication.

Taiwanese chip making giant TSMC said Friday its net sales rose by more than a third last year, beating its own forecast, as the company continued to benefit from soaring demand for AI technology.

The strong AI momentum has more than doubled TSMC's sales since 2020, solidifying its position as a critical supplier in the semiconductor ecosystem. TSMC's stock has mirrored its operational success, soaring 81% over the past year and far outpacing the broader market's 28.5% gain.

Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.

Semiconductor chip stocks rose on Monday after electronics giant Foxconn (HNHPF) reported record-breaking revenue for its fourth quarter, as the artificial intelligence boom continues into 2025.