TSMC Sparks Tech Rally as U.S. Futures Rebound
A fresh wave of optimism swept through financial markets as U.S. stock futures climbed, led by a strong rebound in the tech sector. Nasdaq futures outperformed early Thursday, followed by gains in the S&P 500 and Dow Jones Industrial Average, signaling renewed confidence after two sessions of declines. The surge was fueled by an upbeat outlook from Taiwan Semiconductor Manufacturing Company (TSMC), whose latest results highlighted the continued strength of the AI-driven chip boom. The company reported a sharp rise in quarterly profit and reaffirmed its commitment to heavy investment in advanced semiconductor production—an encouraging sign for investors betting on long-term AI growth. TSMC’s momentum lifted semiconductor stocks globally and helped restore confidence in megacap tech names that had recently come under pressure. With earnings season underway and broader economic signals still mixed, the market’s reaction suggests that AI remains one of the most powerful forces shapi...
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