Nvidia's CEO Just Delivered Incredible News for Taiwan Semiconductor Manufacturing Stock Investors

When Nvidia CEO Jensen Huang talks about the future of artificial intelligence (AI), investors listen. Huang recently predicted that global spending on AI infrastructure will surge from $600 billion this year to as much as $3 trillion to $4 trillion by the end of the decade. That is a massive increase, and it is going to require a lot of advanced chips. Huang also recently went out of his way to praise Taiwan Semiconductor Manufacturing (NYSE: TSM), calling it "one of the greatest companies in the history of humanity" and saying that "anybody who wants to buy TSMC stock is a very smart person." Coming from the head of the world's most valuable company, that is not the kind of endorsement you hear every day. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool