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Semiconductor Stocks Rally as TSMC Lifts 2026 Capex to $56 Billion; ASML Hits $500 Billion Mark
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Semiconductor stocks rally as TSMC lifts 2026 capex to $56 billion; ASML hits $500 billion mark
New York, Jan 16, 2026, 19:31 EST Semiconductor shares closed the week stronger Friday, with the PHLX Semiconductor index (.SOX) climbing 1.2%, despite the S&P 500 and Nasdaq finishing lower for the week. Earnings season picks up next week, featuring heavy hitters like Intel set to report. (Reuters) The late-week rally came after Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker, reported a 35% jump in fourth-quarter …
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