US chip stocks rise after TSMC's strong Q3 results
** U.S.-listed chip stocks gain premarket after Taiwan Semiconductor Manufacturing Co's TSM.N Q3 profit beat forecasts on AI boom
** TSMC, the world's largest contract chipmaker, and a major Apple AAPL.O and Nvidia NVDA.O supplier, reported a forecast-beating 54% jump in quarterly profit on Thursday, driven by soaring demand for chips used in AI
** Co's robust performance and outlook underscored the continued strong demand for AI and provided a positive push to chip stocks
** U.S.-listed shares of TSMC rise 8%, while shares of AI darling Nvidia advances 2.3%
** Nvidia about $150 bln away from overtaking Apple as the world's most valuable co
** Micron MU.O up 2.4%, Broadcom AVGO.O advances 2.5%, and Intel INTC.O gains 1%
** Shares of Qualcomm QCOM.O rise 1.7%, Super Micro Computer SMCI.O climbs 3.2% and Advanced Micro Devices AMD.O advances 2.8%
** U.S.-listed shares of British chip designer Arm Holdings ARM.O up 3.8%, while Marvel Technology MRVL.O surges 2.3%
** iShares semiconductor ETF SOXX.O up 2.3%, and VanEck Semiconductor ETF SMH.O advances 2.9%
Reporting by Sukriti Gupta in Bengaluru
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