🟢 TSMC is trading 3.6% up today as chip stocks rebound on strong sector earnings

TSMC is trading 3.6% up at $418.63 as part of a broad semiconductor rebound following strong sector earnings and easing concerns about AI infrastructure spending.

• The sector-wide rally is reflected in the SOXX ETF, which is up over 3% in pre-market trading.
• Positive tech earnings across the industry are lifting sentiment, despite a lack of company-specific news for TSMC this morning.