Taipei, Feb 8, 2026, 22:54 GMT+8 — Market’s done for the day.
- TSMC’s U.S.-listed stock wrapped up Friday with a roughly 5.5% gain, while shares trading in Taipei finished just a bit higher.
- Chip stocks jumped, bouncing back hard as bets on increased AI data-center spending picked up.
- Next up: TSMC’s January sales numbers are due out Feb 10.
Shares of Taiwan Semiconductor Manufacturing Co (TSM) surged 5.5% Friday, finishing at $348.85. The late rally put the chipmaker on firmer ground just before markets went quiet for the weekend.
That shift carries weight—TSMC is a key node in the advanced chip supply chain, counting Nvidia and Apple among its clients. A swing in the AI trade tends to hit TSMC directly.
Chip stocks powered the rally, hoisting the Dow over 50,000 for the first time ever in the U.S. The PHLX semiconductor index climbed 5.7% during the session, lifted by heavyweight chipmakers. “This trade has been volatile,” said Ross Mayfield, investment strategy analyst at Baird, but he flagged “real demand for AI products.” Reuters
Asia’s tech sector was all over the place. Investors were pulling back from technology stocks, Reuters reported Friday. Chipmakers in South Korea dropped. Taiwan’s main index didn’t move much. “What we’re seeing now feels more like investors de-risking and locking in gains,” said Zavier Wong, a market analyst at eToro. Reuters
Shares of TSMC in Taipei (2330.TW) finished Friday up 0.85%, ending the session at NT$1,780.
TSMC’s tone hasn’t left much to guesswork. The chipmaker’s most recent earnings report showed fourth-quarter revenue up 20.5% year-over-year, with net income jumping 35%. The company’s first-quarter revenue forecast landed between $34.6 billion and $35.8 billion. “Strong demand” for its “leading-edge process technologies” powered the quarter, according to CFO Wendell Huang.
The next challenging disclosure isn’t far off. TSMC plans to release its January monthly sales numbers on Tuesday, Feb. 10, at 1:30 p.m. in Taipei, according to its investor calendar.
The monthly figures serve as a quick pulse check on revenue trends between earnings reports. Traders are on alert, hunting for signs of either acceleration or slowdown in orders—especially after a volatile week that saw AI spending sentiment lurch in both directions.
But leverage works in both directions. Should the surge of cloud-spending enthusiasm cool, or if investors start thinking valuations have overshot, chip shares can quickly surrender those gains—Taiwan stocks, too, risk opening with sharp drops.
When markets open Monday, TSMC’s heavy swing in its ADR will be top of mind. The chipmaker’s monthly sales update—due Tuesday—looms as the next big event, likely shaping sentiment for TSMC and other semiconductor stocks linked to the AI expansion early in the week.
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