Taiwan Semiconductor is trading 4.2% up now at $48.10 as investors rotate back into semiconductor names following last week’s AI-driven selloff and capex worries.

  • The move aligns with a sharp rebound in chip stocks, with the broader semiconductor sector rising over 4% on renewed earnings optimism.
  • Positive analyst commentary is supporting the rally, despite a lack of new, company-specific catalysts for the stock today.