Overview
- TSMC posted about $33.7 billion in Q4 revenue with profit up 35% and lifted its 2026 capital spending plan to $52–$56 billion, signaling confidence in sustained AI demand.
- U.S.-listed TSMC shares jumped as chipmakers and equipment names rallied, with Nvidia, AMD, ASML, Applied Materials, Lam Research and KLA logging strong gains.
- CEO C.C. Wei dismissed AI-bubble worries, citing customer evidence of durable demand and forecasting AI-related revenue growth at a high‑50% CAGR through 2029.
- Nvidia flagged very high interest in its H200 chips from Chinese customers as U.S. authorities shifted to case‑by‑case export reviews, supporting a potential reopening of sales.
- Oil prices fell after President Trump said he was told Iran had halted killings of protesters, while earnings from Goldman Sachs, Morgan Stanley and BlackRock beat forecasts as investors broadened exposure to mid‑caps, materials and industrials.