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3 Chip Suppliers Enjoying Taiwan Semiconductor's Record Profits
LRCXLam Research(LRCX) Schaeffers Investment Research·2025-01-17 03:53

Chip suppliers ASML Holding NV (NASDAQ:ASML), Broadcom Inc (NASDAQ:AVGO), and Lam Research Corp (NASDAQ:LRCX) are higher today, after Taiwan Semiconductor (TSM) reported record quarterly profits and said they expect revenue to grow in the first three months of 2025 growth thanks to strong artificial intelligence (AI) processing chip demand.ASML is up 4.3% to trade at $757.42 at last glance, but is still struggling with long-term overhead pressure at the $780 level, which rejected last week's rally. Shares a ...