Taipei, June 3 (CNA) Shares in Taiwan moved sharply higher Monday, sparked by enthusiasm over artificial intelligence development after a speech delivered by Jensen Huang, CEO of U.S. AI chip designer Nvidia Corp., in Taipei a day earlier, dealers said.
Contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), which is believed to provide advanced chips for Nvidia’s graphics processing units (GPUs), led the gains throughout the session, dealers said.
The Taiex, the Taiwan Stock Exchange’s benchmark weighted index, ended up 362.54 points, or 1.71 percent, at 21,536.76 after moving between 21,372.08 and 21,612.54. Turnover totaled…
