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Oleksandr Pylypenko

FOUND: Nasdaq futures climb as tsmc boosts tech optimism | Mind Blowing Facts

TSMC United States Taiwan Semiconductor Manufacturing Co Beth Hammack Elon Musk Iran US Federal Reserve China ECB Economy

June Nasdaq 100 E-Mini futures (NQM26) are trending up +0.32% this morning, setting a new record high as an upbeat forecast from Taiwan Semiconductor Manufacturing Co. boosted sentiment.

The tech rally gained further momentum on Thursday after TSMC, the world’s largest contract chipmaker, delivered a profit beat and raised its full-year revenue growth guidance, underscoring the resilience of AI chip demand. Adding to the positive tone in tech, Elon Musk’s staff is requesting pricing and delivery times for chipmaking equipment for his envisioned Terafab facility. Chip stocks advanced in pre-market trading, with Lam Research (LRCX) and Applied Materials (AMAT) rising over +1%.

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