US Stock Market Move | Chip stocks were on the rise, with Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US) up nearly 5%.

On Wednesday, chip stocks rose across the board, with Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US) rising nearly 5%, setting a new historical high in stock price; Intel Corporation (INTC.US) rose over 4%, NVIDIA Corporation (NVDA.US) rose over 1%. Data shows that Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR's January revenue was 401.26 billion New Taiwan Dollars (approximately 12.71 billion US Dollars), a year-on-year increase of 36.8%, up 19.8% from December 2025. This is the company's strongest monthly revenue ever, and the first time its monthly revenue has exceeded 400 billion New Taiwan Dollars. Bank of America Corp. stated that the board of directors of Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR recently approved a capital budget of up to 45 billion US Dollars, showing a very clear structured feature with funding focused on advanced front-end manufacturing processes and infrastructure construction of large-scale wafer fabs. Analyst Haas Liu of the bank gave Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR a "Buy" rating, with a target price of 2360 New Taiwan Dollars.