Why Nvidia, Taiwan Semiconductor Manufacturing, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Rallied on Tuesday

Evidence is piling up that the adoption of AI continues to gain steam.Since early last year, investors have embraced the potential of artificial intelligence (AI), scooping up shares of those companies best positioned to profit from this groundbreaking technology. However, a long bull run and stretched valuations had many investors wondering if the ongoing rally could continue. In recent weeks, some have taken a step back, looking for further evidence the accelerating adoption of AI would continue.With that ...