Industry Newssemiconductorsai chipstsmcequities
Asian Markets React To Nvidia, TSMC Gains
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Asian shares were mixed Friday as Wall Street steadied and tech leaders such as Nvidia rallied, after Taiwan Semiconductor Manufacturing Co. (TSMC) reported strong profits and investment plans, sending TSMC up 2.7% intraday and its U.S.-traded stock up 4.4%. Markets also reacted to a U.S.-Taiwan trade deal involving about $250 billion in new Taiwanese investment, easing oil to $58.96 a barrel and lifting the S&P 500 0.3% to 6,944.47.
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Major industry and policy developments with AP credibility; impactful for markets but not a technical innovation.
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