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(Bloomberg) Taiwan’s benchmark stock index surged to its highest intraday level on record, as expectations of booming demand for artificial intelligence technology drives investor sentiment.Most Read from BloombergThe Brutal Reality of Plunging Office Values Is HereIsrael Pulls Out of Peace Talks Over ‘Delusional’ Hamas DemandsDip Buyers Wade Back In to Fuel Wall Street Gains: Markets WrapLyft’s CEO Says ‘My Bad’ on Margin Error, ‘It Was One Zero’Japan Loses Its Spot as World's Third-Largest ....
(Bloomberg) Semiconductor stocks from Tokyo Electron Ltd. to Nvidia Corp. gained more than $160 billion of market value after Taiwan Semiconductor Manufacturing Co.’s outlook for capital spending and revenue lifted hopes of a broad tech recovery in 2024.Most Read from BloombergBlinken’s Return From Davos Was Delayed After Plane Broke DownYouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining NetflixPakistan’s Army Strikes Back at Iran as Both Sides Urge CalmAirstrikes on Yemen Bring ....
(Bloomberg) Advanced Micro Devices Inc. is on track for its best week since November, outpacing even AI-darling Nvidia Corp., as optimism builds anew around the semiconductor industry’s growth prospects. Most Read from BloombergRussia Says Ukraine Downed Plane Carrying Prisoners for SwapTrump Races Toward 2024 Biden Rematch After New Hampshire WinApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028Billionaire Joe Lewis Pleads Guilty in Insider Trading CaseAckman Ramps Up Isr ....