Chinese scientists have unveiled the world’s first fully automated processor chip design system powered by artificial intelligence (AI).

Nvidia (NVDA) stock rose as much as 4.3% early Thursday, leading chip stocks higher after Big Tech leaders Meta (META) and Microsoft (MSFT) reaffirmed their aggressive AI investment plans.

Taiwan Semiconductor Manufacturing Co. (TSMC) saw a 39% increase in revenue during the first two months of 2025, signaling resilient demand for Nvidia Corp. (NVDA) chips that fuel AI development.

Chinese home appliance manufacturer Gree Electric has successfully developed its own chips, according its chairwoman.