Why Taiwan Semiconductor Manufacturing Stock Popped Monday Morning

Announcements at a trade show gave the semiconductor specialist a boost.Shares of Taiwan Semiconductor Manufacturing (TSM 1.97%), also called TSMC, were climbing on Monday, jumping as much as 4%. As of 1:40 p.m. ET today, the stock was still up 1.9%.The Computex trade show kicked off in Taiwan this weekend with positive news for the semiconductor specialist.AI is kicking into high gearThe keynote address for the event was given by Nvidia (NVDA 3.59%) CEO Jensen Huang, who held a surprise for investors. The ...