Chip stocks pop after TSMC's earnings beat boosts confidence in industrywide demand

Nvidia founder and CEO Jensen Huang speaks about the Vera Rubin AI platform during a question and answer session with reporters at the annual Consumer Electronics Show (CES) in Las Vegas, Nevada, on Jan. 6, 2026.Chipmakers Nvidia and Advanced Micro Devices led an industrywide rally in the U.S. on Thursday, alongside semiconductor manufacturers like Applied Materials, after Taiwan Semiconductor Manufacturing Company reported better-than-expected earnings.Nvidia, the world's most valuable company and the lead ...