December S&P 500 E-Mini futures (ESZ25) are up +0.43%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.48% this morning as signs of continued strong demand for artificial intelligence helped shift investors’ attention from escalating U.S.-China trade tensions.
U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. (TSM) rose over +1% in pre-market trading after the world’s biggest contract chipmaker reported record Q3 profit and raised its full-year revenue growth guidance. The results underscored that chipmakers are poised to be some of the biggest beneficiaries of an AI investment boom. AI-related U.S. heavyweights advanced in pre-market trading, with Nvidia (NVDA) and Broadcom (AVGO) rising more than +1%.
