1 Top Artificial Intelligence (AI) Stock to Buy Following TSMC's Latest Quarterly Report

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1 Top Artificial Intelligence (AI) Stock to Buy Following TSMC's Latest Quarterly Report

Nvidia has reportedly become TSMC's second-largest customer, accounting for 11% of the latter's revenue last year. This development comes as Apple remains TSMC's largest customer, utilizing the foundry giant's facilities for producing processors for its devices. The relationship between Nvidia and TSMC highlights the growing demand for advanced semiconductor manufacturing services.

The collaboration between Nvidia and TSMC underscores the importance of cutting-edge chip technology in various industries. As Nvidia expands its product portfolio, its reliance on TSMC for advanced chip manufacturing is expected to grow. This partnership showcases the critical role that TSMC plays in enabling companies like Nvidia to innovate and deliver high-performance products to the market.

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