BusinessSemiconductors

TSMC’s Strong Quarterly Results Boost Nvidia and Broadcom Stocks Amid AI Optimism

Taiwan Semiconductor Manufacturing Company reported a 39% profit increase and raised its 2025 revenue forecast, signaling strengthening AI chip demand. The positive results boosted shares of chip designers Nvidia and Broadcom, both TSMC clients. Market analysts suggest the report indicates broader semiconductor industry strength despite ongoing trade tensions.

TSMC’s Quarterly Performance Exceeds Expectations

The global semiconductor industry received a significant boost Thursday as Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, reported stronger-than-expected quarterly results. According to reports from the CNBC Investing Club with Jim Cramer, TSMC posted approximately 39% profit growth during the third quarter compared to the previous year, while also raising its 2025 revenue growth forecast.

AI ImpactBusiness Software

AI Now Writes 90% of Code at Anthropic, But Engineers Remain Essential, CEO Reports

Anthropic CEO Dario Amodei reports that Claude AI now writes 90% of code for most teams at the company. Despite this high percentage, Amodei emphasizes that engineers remain essential for editing, solving complex problems, and supervising AI systems.

AI Coding Revolution Underway at Leading Tech Companies

Artificial intelligence is now writing approximately 90% of code for most teams at Anthropic, according to CEO Dario Amodei’s recent statements at the Dreamforce conference. During a conversation with Salesforce CEO Marc Benioff, Amodei revealed that his prediction about AI-dominated coding has become reality within his company and several partner organizations.

AI ImpactBusinessBusiness Software

Blue Mantis Launches AI Readiness Portfolio to Bridge Midmarket Implementation Gap

Blue Mantis has launched a comprehensive AI Readiness and Enablement portfolio targeting midmarket enterprises struggling with AI implementation. According to CEO Josh Dinneen, customers are shifting from asking “What is AI?” to demanding practical deployment strategies that deliver measurable ROI.

From AI Education to Operational Implementation

Solution provider Blue Mantis has launched a new AI Readiness and Enablement portfolio specifically designed to help midmarket customers transition from theoretical understanding to practical implementation, according to reports from CRN. The portfolio addresses what CEO Josh Dinneen describes as a significant shift in customer priorities over the past year.