TSMC is trading 3.51% higher at $340.80 as shares surge on reports that its 2nm production capacity is fully booked through 2028 due to overwhelming AI demand from Nvidia and Meta.
- The capacity crunch underscores TSMC's dominant position in advanced manufacturing and may necessitate a redesign of Nvidia's upcoming Feynman architecture.
- Broader market sentiment improved as geopolitical fears eased following the delay of strikes on Iranian energy infrastructure, with the S&P 500 rising 1.93% and the Nasdaq gaining 2.30%.