BTCC / BTCC Square / Global Cryptocurrency /
TSMC’s Earnings Surge Sparks Chip Stock Rally, AI Growth Outlook Strong

TSMC’s Earnings Surge Sparks Chip Stock Rally, AI Growth Outlook Strong

Published:
2026-01-15 16:28:01
17
3
BTCCSquare news:

Taiwan Semiconductor Manufacturing Co. soared to a record high after reporting a 34% jump in quarterly earnings, with revenue climbing 26% year-over-year to $33.73 billion. The chipmaker's bullish AI revenue forecast—projecting a high-50% CAGR through 2029—ignited gains across semiconductor stocks.

CEO C.C. Wei confirmed capacity expansions to meet demand, calling AI adoption a "multiyear megatrend." Nvidia and AMD rose 2% and 5% respectively, though Intel lagged marginally. TSMC's performance temporarily eased concerns about semiconductor demand cyclicality.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.