Nvidia and AMD: AI Updates from Taiwan Semiconductor’s (NASDAQ:NVDA) Q2 Earnings

Nvidia and AMD: AI Updates from Taiwan Semiconductor’s (NASDAQ:NVDA) Q2 Earnings

MF3d Taiwan Semiconductor Manufacturing Company Limited (TSM) (“TSMC”) reported yesterday (July 20, 2023) its second quarter 2023 earnings. TSMC’s revenue reduction guidance for the year sent to Nvidia Corporation (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (Nasdaq:AMD) the shares collapse. However, TSMC’s commentary on the future of artificial intelligence (“AI”) chips has not received the same…