COMPUTEX Ignites AI Theme, TSMC Hits Record High of NT$2,440

The opening of COMPUTEX has once again heated up the artificial intelligence (AI) theme. As the largest foundry for AI chips, TSMC became the focus of market capital, with its share price climbing to NT$2,440 today (June 3), setting a new all-time high and reaching a market capitalization of NT$63.27 trillion.

Following NVIDIA CEO Jensen Huang's keynote speech at GTC Taipei on June 1, COMPUTEX kicked off on June 2. Marvell CEO Matt Murphy and Intel CEO Lip-Bu Tan delivered consecutive keynote speeches, with a focus on AI.

Huang appeared at Murphy's speech venue, stating that useful artificial intelligence has arrived. He explained that the new distributed computing model breaks down a computing problem into many parts and distributes them across data platforms, making connectivity crucial, which is why demand for Marvell is surging. He also predicted that Marvell would be the next trillion-dollar company.

Huang's remarks spurred Marvell's stock to surge 32.52% on June 2, closing at US$290.79, demonstrating the intense heat of the AI theme.

TSMC is not only the primary foundry for NVIDIA's Vera Rubin chips but also a partner for Qualcomm and Intel. Attracting market capital inflows, its share price rose to NT$2,440 during trading today (June 3), up NT$60, setting a new record high. Its market capitalization reached NT$63.27 trillion, contributing 477 points to the broader market index.