TSMC is trading 5.23% up now at BRL 254.99 as semiconductor stocks rebound sharply across the sector.
- The move follows a broader tech rally, with the Nasdaq up 2.43% and the SOXX index gaining over 5% following strong Microsoft earnings.
- Market sentiment was further bolstered by cooler-than-expected PCE inflation data, fueling a risk-on move in the tech sector.
- The broad recovery reverses recent chip-sector weakness that had been tied to concerns over AI capital expenditure.