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Quantum stocks surge on Nvidia AI model announcement

A Rigetti quantum computer displayed at the Nvidia booth during the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Wednesday, Oct. 29, 2025. Kent Nishimura | Bloomberg | Getty Images Quantum stocks climbed on Thursday, adding to a massive week-to-date rally fueled by enthusiasm for Nvidia‘s new open-source artificial intelligence models designed to…

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TSMC posts record profits on continued AI demand

Taiwan Semiconductor Manufacturing Company’s logo is seen in the background beside a printed circuit board. Sopa Images | Lightrocket | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a 58% increase in first-quarter profit, beating estimates and hitting a fresh record as demand for artificial intelligence chips stayed strong. Here are the company’s results…

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