Follow-through on $TSM looking solid this morning. Taiwan shares up ~2.6%, U.S. ADR pushing +3% overnight after closing +2% yesterday. Board approved up to $500M in Anthropic shares at IPO price plus up to $500M in OpenAI preferred, alongside $40.9B capex.
I like the play — chipmaker taking a small stake in the model builders makes sense. Not a massive check for them, but it's strategic positioning. $NVDA also catching a bid, up ~2% overnight. S&P and Nasdaq futures both green, Nasdaq up around 1%.
Semis leading, AI names following. Clean setup if this holds into the open.
I like the play — chipmaker taking a small stake in the model builders makes sense. Not a massive check for them, but it's strategic positioning. $NVDA also catching a bid, up ~2% overnight. S&P and Nasdaq futures both green, Nasdaq up around 1%.
Semis leading, AI names following. Clean setup if this holds into the open.