Wall Street futures rise as TSMC sparks semiconductor rally.
Business
M
Moneycontrol15-01-2026, 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.

More like this

Loading more articles...