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Barchart

Rich Asplund

Stocks Supported by Strength in Chip Makers and US Economic News

THe United States Nasdaq SP Donald Trump ARE Morgan Stanley Philadelphia Fed Raphael Bostic US Federal Reserve

The S&P 500 Index ($SPX) (SPY) today is up +0.49%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.75%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.07%. March E-mini S&P futures (ESH26) are up +0.53%, and March E-mini Nasdaq futures (NQH26) are up +1.02%.

Stock indexes are moving higher today, led by a rally in chip makers after Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest dedicated contract chipmaker, revived confidence in the sustainability of artificial-intelligence demand. TSMC forecasted stronger-than-expected Q1 sales and boosted its 2026 capital expenditure forecast to $52 billion-$56 billion from $40.9 billion in 2025.

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