The company behind chip leaders like Nvidia raised its spending forecast

The company behind chip leaders like Nvidia raised its spending forecast

Robust earnings results from Taiwan Semiconductor Manufacturing Co. just gave a huge lift to the artificial intelligence trade. TSMC on Thursday posted a 35% year-over-year increase in profit for its fourth quarter, handily beating Wall Street’s estimates and hitting a fresh record. Its high-performance computing division, which includes artificial intelligence and 5G applications, made up…

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Retail rush into speculative ETFs may be flashing market warning

Retail rush into speculative ETFs may be flashing market warning

There’s worry retail investor exuberance in the exchange-traded fund space is flashing a warning signal for markets. As individuals pour billions of dollars into some of the riskiest pockets of the exchange-traded fund market, some experts like ETF Action’s Mike Akins question whether the trend is a sign of markets overheating. “Product proliferation in the…

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