TSMC Unveils Chart Clues, Suggests 'Cup With Handle' Breakout

Nvidia and Apple's chipmaker partner TSMC has revealed some clues on how to read charts, according to Investor's Business Daily. TSMC is a leading supplier of chips for many tech companies, including Nvidia and Apple.

TSMC's chart analysis suggests that investors should look at the 'cup with handle' pattern, which can be a sign of a potential breakout. This pattern involves a rounded bottom shape forming after a decline, followed by a consolidation period before a sharp rise.

The article notes that TSMC is not just a chipmaker but also provides services to its clients, including Nvidia and Apple. The company's success in these partnerships can be seen as a positive sign for the tech industry as a whole.