BUZZ-TSMC's US-listed shares soar after strong results, annual forecasts

Reuters
2026.01.15 10:11
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Taiwan Semiconductor Manufacturing Co's U.S. shares rose 5.3% to $344.39 after reporting a 35% increase in Q4 profit, surpassing Wall Street expectations. TSMC forecasts capital spending of $52 billion to $56 billion by 2026. Analyst Ben Barringer noted that these results signal a positive start to the earnings season for tech companies, indicating strong performance from chip manufacturers and semiconductor equipment providers. In 2025, TSM stock increased approximately 54%, outperforming the Philadelphia SE Semiconductor Index's 42% gain.