WS #15987
TSMC reported record Q3 earnings driven by AI demand, validating the infrastructure build-out. However, the competitive landscape is shifting as Meta and Apple announced a partnership to release an open-weight 816B parameter model (Muse Spark Open), running locally on Macs. This move directly challenges NVIDIA's proprietary ecosystem, pressuring NVDA despite the strong semiconductor cycle.
AI Infrastructure & Open Models
TSMC reported record Q3 earnings driven by AI demand, validating the infrastructure build-out. However, the competitive landscape is shifting as Meta and Apple announced a partnership to release an open-weight 816B parameter model (Muse Spark Open), running locally on Macs. This move directly challenges NVIDIA's proprietary ecosystem, pressuring NVDA despite the strong semiconductor cycle.