Dow Rebounds, Closes Up 292 Points on AI Chip Optimism After TSMC Results

Overview

• The Dow Jones Industrial Average gained 292.81 points to 49,442.44 for its first advance in three sessions.
• Buying concentrated in AI-related semiconductor shares as demand expectations improved.
• TSMC reported record revenue and net profit for the fiscal year ended December 2025.
• Reports indicated TSMC is expected to lift capital spending, lifting peers such as Nvidia.
• The Nasdaq Composite also rose, adding 58.27 points to 23,530.02.