16 Oct 2025 | 5 Mins Read
US stocks surge on TSMC's AI-fueled earnings beat
Flipitmoney
The positive quarterly report from TSMC, which increased investor optimism regarding AI and prolonged a surge in semiconductor companies, propelled Wall Street's major indexes to open higher on Thursday. At the open, the DJIA increased by 35.8 points, or 0.08%, to 46289.09. The Nasdaq increased 94.3 points, or 0.42%, to 22764.398, while the S&P 500 increased 18.0 points, or 0.27%, to 6689.02.