Chip stocks rally as TSMC surges 8% on strong earnings. U.S. retail sales and jobless data beat forecasts, boosting stock futures and easing recession fears.
Whereas indexes like the S&P 500 had previously depended largely on tech and a handful of megacap names earlier in the year, the last three months have seen a dramatic shift as more corners of the ...
Chip stocks rose higher Thursday after a blowout earnings report by Taiwan Semiconductor Manufacturing (NYSE:TSM), the world’s largest producer of advanced chips and a key player in the ongoing AI ...