TSMC Sales Rise as AI Hardware Demand Stays Strong

TSMC reports a 45% monthly sales surge, signaling strong AI hardware demand. Neil Campling highlights benefits for logic foundries TSMC and Samsung, as well as European chip equipment stocks like ASML, while noting memory faces potential pricing pressure from rising supply. - TSMC monthly sales jump 45%, on track for best quarter since Q3 2022. - AI chip demand strongly supports logic foundries TSMC and Samsung. - European chip equipment names like ASML rise on the TSMC news. - Memory (DRAM) may see price declines as supply increases and AI token costs drop. - Market prefers logic over cyclical memory for AI exposure.