TSMC's record quarterly profit is giving a fresh boost to the whole chip sector

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• Taiwan Semiconductor Manufacturing Company just reported record quarterly results.
• The news boosted chip stocks as traders cheered fresh signs of AI strength.
• Shares of Nvidia, ASML, Broadcom, and Micron Technology jumped.

Taiwan Semiconductor Manufacturing Company just gave the AI trade a fresh boost.

The chipmaker reported fourth-quarter earnings on Wednesday, blowing past analyst estimates on multiple metrics.