IREN stock jumps 11% on AI tailwinds; traders brace for MLK Day break and next catalyst

IREN Ltd shares surged 11.43% Friday, closing at $57.82. The Nasdaq-listed bitcoin miner and data-center operator extended its rally ahead of the market holiday.

Artificial Intelligence · NASDAQ:IREN · NYSE:TSM · Stock Market

NYSE:TSM

TSMC’s U.S (TSM) news archive — page 6

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TSMC stock: Taiwan shares close at NT$1,740 as capex push and Arizona plans steer next week

TSMC stock: Taiwan shares close at NT$1,740 as capex push and Arizona plans steer next week

Taiwan Semiconductor Manufacturing Co’s shares jumped 2.96%, closing at a peak of NT$1,740 on Friday. This surge helped push Taiwan’s Taiex index to a record high. “These figures simply told investors AI demand is robust,” said Alex Huang of Mega International Investment Services, noting the company's forecast of nearly 30% sales growth for 2026 and a capex plan reaching $56 billion for factories and equipment.
17 January 2026
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Nvidia stock’s next test: Trump’s AI chip tariff meets China’s H200 roadblock

Nvidia stock’s next test: Trump’s AI chip tariff meets China’s H200 roadblock

Nvidia and AMD shares face a new hurdle next week after President Donald Trump signed a proclamation slapping a 25% tariff on some advanced computing chips, including Nvidia’s H200 AI processor and AMD’s MI325X. South Korea’s trade minister noted the tariff targets “advanced chips made by Nvidia and AMD.”
17 January 2026
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Global stock markets hover near records — but Fed-cut doubts and earnings could jolt prices

Global stock markets hover near records — but Fed-cut doubts and earnings could jolt prices

Global stocks wrapped the week close to record highs, but caution crept in as traders scaled back expectations for U.S. rate cuts and eyed ongoing geopolitical tensions. “While it seems the odds of U.S. intervention in the Middle East have eased for now, I wouldn’t say it’s off the table,” warned Michael Brown, senior research strategist at Pepperstone.
17 January 2026
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AI Stocks This Week: TSMC’s $56B Spending Plan Lifts Chip Names as New U.S. Tariffs Bite

AI Stocks This Week: TSMC’s $56B Spending Plan Lifts Chip Names as New U.S. Tariffs Bite

Taiwan Semiconductor Manufacturing Co set the tone for AI-linked stocks this week after the chipmaker forecast 2026 revenue would rise nearly 30% and put 2026 capital spending, or capex, at $52 billion to $56 billion, underscoring demand for processors used to train and run AI systems. Chief Executive C.C. Wei also pointed to a push for more U.S. capacity, saying an Arizona land buy “gives you a hint” of plans to expand “many fabs” there, while warning TSMC was “very nervous” about investing at that scale.
17 January 2026
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