Markets

Stocks Climb Before the Open as TSMC Reignites AI Optimism, U.S. Economic Data and Earnings in Focus

January 16, 2026

U. S. tech stocks saw a positive shift in premarket trading following Taiwan Semiconductor Manufacturing Co.'s (TSMC) impressive fourth-quarter revenue report, which exceeded expectations and bolstered confidence in AI demand. TSMC's shares surged over 5% after announcing a significant increase in its capital expenditure forecast for 2026, predicting a strong growth trajectory in revenue.

Stocks Climb Before the Open as TSMC Reignites AI Optimism, U.S. Economic Data and Earnings in Focus

Credit: Yahoo

Key Highlights

TSMC shares rose over 5% in premarket trading after reporting record Q4 profits.
The company projected its 2026 capital expenditure to be between $52 billion and $56 billion.
TSMC's revenue surpassed both its own guidance and analysts' forecasts, indicating a positive industry outlook.
Tech-heavy Nasdaq recouped losses from its worst trading day in a month, gaining ground thanks to TSMC's results.

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Stocks Climb Before the Open as TSMC Reignites AI Optimism, U.S. Economic Data and Earnings in Focus

Key Highlights

Sources

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