Why Taiwan Semiconductor, ASML, and Other Artificial Intelligence (AI) Semiconductor Stocks Rallied on Thursday

Better-than-expected results from memory chip specialist Micron provided fresh evidence the adoption of AI still has room to run.There's been an increased focus on the semiconductor industry since early last year. Investors have been enthusiastic about recent developments in the field of artificial intelligence (AI), which has sparked a flurry of activity in the space. These powerful algorithms are highly dependent on hardware that features the most advanced processors, which has buoyed much of the sector. ...