TSMC rises on report of potential push into advanced memory for Nvidia

What happened: TSMC is evaluating an expansion into advanced memory chip production, including vertically stacked 3D DRAM, at the request of primary customer Nvidia, per a report from The Information. Key numbers: TSMC ADRs rose 7.7% in early trading Friday. Micron agreed in March to buy a Taiwan facility from Powerchip for $1.8 billion to retrofit for high-end memory. Why it matters: The move would deepen TSMC's role in the AI hardware supply chain and put it against Samsung, SK hynix, and Micron in a historically volatile memory market. Market: -0.2% today ($343.47), +27.0% YTD, 0.2x vol — as of 15:33 UTC

TSMC is evaluating an expansion into advanced memory chip production, including vertically stacked 3D DRAM, at the request of primary customer Nvidia, per a report from The Information.

The move would deepen TSMC's role in the AI hardware supply chain and put it against Samsung, SK hynix, and Micron in a historically volatile memory market. Market: -0.2% today ($343.47), +27.0% YTD, 0.2x vol — as of 15:33 UTC