Zaid Admani

And that growth has been driven almost entirely by demand for advanced chips used in AI applications.

TSMC is one of the most important companies in the world.

There's a go-to chip manufacturer for companies like Nvidia, AMD, Apple, Qualcomm, pretty much everyone.

So when these tech companies are doing great, there's a good chance that TSMC is also doing great.

just a few days ago at ces nvidia said that revenues from its current quarter and future data center chips is now expected to top half a trillion dollars in 2026 which is stronger than the already massive targets that had previously laid out at the same time apple's iphone 17 has seen solid demand so that should all trickle down to tsmc that the company will give investors a full update when it reports earnings next week including a new guidance and capital spending plans

The last time we heard from TSMC back in October, they raised their 2025 revenue growth outlook to the 30 to 40% range.

One last ripple effect I want to mention here.

Good news for TSMC is usually good news for ASML, the Dutch company that sells the ultra specialized lithography machines that TSMC uses to make these advanced AI chips.

Shares of ASML are up 3% this morning on the backs of this TSMC report.

Let's talk about some stocks making moves today.

Intel stock is getting a bump this morning after President Trump praised the company and its CEO in a Truth Social post last night, highlighting their efforts to bring more chip production to the US.

It's been a big week for Intel.

Earlier this week, they showed off their new 18A 2 nanometer PC chip at CES, which the company says is the most advanced CPU ever manufactured in the US.

Now, President Trump also played up the fact that Intel stock has gone up 75% since the U.S.

government took a 10% stake in the company for $9 billion back in August.

So this shout out from the president is giving the stock another boost this morning.

It's up around 3% at the time of this recording.

Now, on the flip side, General Motors shares are sliding this morning after the U.S.

automaker announced that it was taking a $6 billion EV-related charge in the fourth quarter.

Basically, GM spent a ton of money on supplies and factories for EVs that it no longer needs because the demand never materialized.