Wall Street Futures Surge on Tech Rally, TSMC Boosts Chipmakers

Business
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Moneycontrol•15-01-2026, 17:38
Wall Street Futures Surge on Tech Rally, TSMC Boosts Chipmakers
- •Wall Street futures rose on Thursday, driven by strong performance in technology stocks.
- •Taiwan Semiconductor Manufacturing Co (TSMC) reported a 35% jump in Q4 profit and forecast strong annual growth, boosting chipmaker sentiment.
- •U.S. semiconductor equipment makers like Applied Materials, Lam Research, and KLA saw significant premarket gains.
- •Easing geopolitical concerns, specifically regarding U.S. military action against Iran, also supported market risk appetite.
- •Financial stocks showed mixed results, with BlackRock up ahead of earnings, while Goldman Sachs and Morgan Stanley slipped.
Why It Matters: Wall Street futures climbed due to strong tech earnings from TSMC and reduced geopolitical tensions.
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