$NVIDIA(NVDA.US)$shares advanced, tracking gains across the chipmaking industry, after an almost 60% surge in$Taiwan Semiconductor(TSM.US)$'s revenue fueled optimism that the sector can grow earnings fast enough to keep up with soaring market value. Chipmakers rallied, with the PHLX Semiconductor Index's 0.9% gain outperforming the$S&P 500 Index(.SPX.US)$'s 0.1% rise and the$NASDAQ 100 Index(.NDX.US)$'s 0.2% increase....
As artificial intelligence (AI) continues to revolutionize industries, the amount of computational power needed to support the growth of AI is increasing at a rapid pace, doubling approximately every 100 days. AI and Energy Demand $Goldman Sachs(GS.US)$has explored the implications of AI on the demand for global power. The bank's global investment research (GIR) team issued a report that suggests power requirements for gl...