Why AI Chip Stocks Nvidia, Taiwan Semiconductor Manufacturing, and Arm Holdings Rallied Today

Shares of artificial intelligence (AI) semiconductor stocks Nvidia (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Arm Holdings (NASDAQ: ARM) rallied on Friday, up 4.5%, 3.5%, and 10.1%, respectively, in Friday trading.These three companies are each big beneficiaries of the AI buildout. However, each had also come under pressure through December as technology investors have taken profits after big two-year runs in these stocks.But a bullish blog post from AI leader Microsoft this morning got these three stocks moving higher again. Here's what was so positive about what Microsoft had to say, and why it may have tamped down some recent market fears.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool