Why Applied Materials, ASML Holding, and Taiwan Semiconductor Stocks All Popped on Wednesday

Three semiconductor stocks are on the move today. Are any of them still cheap enough to buy?Wednesday is shaping up to be a good day for semiconductor investors, as good news from China (and a potential money grab in Taiwan) lifts share prices of Applied Materials (AMAT 4.73%), ASML Holding (ASML 8.77%), and Taiwan Semiconductor Manufacturing Company (TSM 6.23%).As of 10:30 a.m. ET, Applied Materials stock is up 4.9% and ASML 7.4%. TSMC bounced back from yesterday's decline with a 6.9% gain today.Good news ...