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

A phenomenon that's increasingly prevalent with artificial intelligence (AI) stocks is the investor practice of viewing them all through the same lens. For example, when one company in the AI space reports strong financial results, other stocks in the space get a lift as investors expect a rising tide to lift all boats.That appeared to be the case today, as foundry Taiwan Semiconductor Manufacturing (TSM 2.46%) jumped 3.3%, semiconductor giant Intel (INTC 1.40%) rallied 2.3%, and database specialist Oracle ...