DeepSeek Is Great News for TSMC, J.P. Morgan Says - Barron's

1. J.P. Morgan maintains Overweight rating on TSMC amid AI model excitement. 2. DeepSeek's new AI models could boost demand for AI computing. 3. TSMC reported 57% net profit increase from AI chip demand last quarter. 4. Revenue from AI chips is projected to double by 2025, per TSMC's CEO. 5. Robust demand for AI chips from major clients like Nvidia and Apple.