Nvidia CEO’s ask of Taiwan Semi means more upside for this portfolio stock

Market Overview - The S&P 500 increased nearly 1.5% and the Nasdaq surged over 2% on Monday, recovering almost all losses from the previous week, driven by optimism regarding a potential end to the government shutdown [1] - The 41-day government shutdown has negatively impacted consumer confidence and caused significant flight delays and cancellations, but the prospect of resolution has encouraged a more risk-taking attitude among investors [1] Company Insights - Nvidia's stock rose nearly 5% on Monday after a 7% decline the previous week, indicating a rebound in investor sentiment towards tech stocks, particularly those linked to the AI sector [1] - Nvidia CEO Jensen Huang has requested Taiwan Semiconductor to increase wafer production, signaling strong anticipated demand for Nvidia's AI chips, which aligns with his previous statement regarding "$500 billion in order visibility" [1] - Qnity Electronics, a recent spinoff from DuPont, saw its stock rise about 6% on Monday, reflecting a broader recovery among AI-related stocks, although the exact influence of Huang's comments on Qnity's stock movement remains uncertain [1] Industry Trends - Wafer starts, a key indicator of semiconductor demand, have shown steady growth with a long-term compound annual growth rate in the mid-single digits, according to Qnity's CEO Jon Kemp [1] - The SEMI Silicon Manufacturers' Group reported a 3.1% year-over-year increase in worldwide silicon wafer shipments in Q3 2025, driven by demand for AI applications, with expectations for continued growth through 2028 [1]