Taiwan-based chipmaker TSMC raised its revenue guidance, sparking concerns about the health of the global tech industry’s focus on artificial intelligence (AI) investments. The company’s 5.9% increase in revenue has led some analysts to worry that an AI bubble is forming. This comes as investors and businesses reassess their spending priorities amid rising inflation and economic uncertainty.
Source: https://www.barrons.com/articles/tsmc-taiwan-semiconductor-manufacturing-earnings-stock-price-c7404604