Taiwan Semiconductor sees big sales jump fueled by AI

Taiwan Semiconductor Manufacturing Company (TSM) shares are rising after the company reported that its sales jumped nearly 60% year over year. Yahoo Finance Tech Editor Dan Howley joins The Morning Brief to discuss the company's position in the AI chip race.
The rising demand for chips built for artificial intelligence largely drove Taiwan Semiconductor's sales last quarter. The company also produces smartphone chips, but AI chips took the lead as demand slumped.
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