Stock Market Today, Jan. 15: Taiwan Semiconductor's Strong Outlook Dampens AI Bubble Fears

The S&P 500 (SNPINDEX:^GSPC) rose 0.26% to 6,944.47. The Nasdaq Composite (NASDAQINDEX:^IXIC) added 0.25% to 23,530.02, and the Dow Jones Industrial Average (DJINDEX: ^DJI) climbed 0.60% to 49,442.44 as chip-led gains helped break yesterday's dip. Market movers Semiconductor names rallied after Taiwan Semiconductor Manufacturing Co's (NYSE:TSM) remarkable results lifted peers, including Advanced Micro Devices (NASDAQ:AMD) and Micron Technology (NASDAQ:MU). Asset manager BlackRock (NYSE:BLK) gained on an ...