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-2.9203048798268E-05 -0.000262827439184578 0.000876091463948869 0.00102210670794038 0.00219022865987209 0.00289110183103119 0.00280349268463622 0.00239465000146013
Stock impact report

Stock Market Today, Jan. 15: Taiwan Semiconductor's Strong Outlook Dampens AI Bubble Fears [Yahoo! Finance]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Average (DJINDEX: ^DJI) climbed 0.60% to 49,442.44 as chip-led gains helped break yesterday's dip. Semiconductor names rallied after Taiwan Semiconductor Manufacturing Co's (NYSE:TSM) remarkable results lifted peers, including Advanced Micro Devices (NASDAQ:AMD) and Micron Technology (NASDAQ:MU) . Asset manager BlackRock (NYSE:BLK) gained on an earnings beat and a 10% dividend hike. Today's big news was blowout earnings from chipmaker giant TSMC. The company announced a 35% increase in net earnings for the fourth quarter, beating analyst expectations on all fronts. Crucially, the chipmaking giant raised its long-term forecast and predicted another breakout year for artificial intelligence (AI) in 2026. TSMC's positive outlook goes some way to dampen fears about a potential AI bubble. The company gained 4.44% taking it to $341.64. Nvidia (NASDAQ:NVDA) , also gained on chip optimism. Investor confidence is starting to return with a reduction in geopolitical tensions. Banks were Show less Read more
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