Group 1 - Taiwan Semiconductor (TSM) is highlighted as a stock to watch, currently experiencing a seven-day winning streak, with shares trading just above a 5% buy zone from an entry point at 248.28 [1] - TSM stock is positioned just above the buy zone that extends up to 260.70, indicating a potential breakout from an early-stage pattern [1] - Nvidia stock is also on a winning streak, tracking for a four-day increase, suggesting positive momentum in the semiconductor sector [2] Group 2 - The stock market is reacting positively despite inflation concerns, with the Dow Jones showing an increase, indicating resilience in the market [4] - AI stocks are under scrutiny as revenue performance becomes critical, particularly in light of recent rallies from companies like Oracle and Nvidia [4] - Taiwan Semiconductor's stock performance is bolstered by positive sales reports from August, reflecting strong demand in the semiconductor industry [4]
Taiwan Semi, Partner To Nvidia And Apple, Rips Higher On August Sales Growth Spike