From Yahoo Finance: 2025-04-17 17:34:00

Chip stocks received a boost on Thursday after TSMC reported strong earnings and maintained its sales forecast, lifting the outlook for the sector amid concerns over Trump’s tariffs. Nvidia’s warning on Wednesday added to worries, but TSMC’s performance reversed the trend. Since the start of the year, chip stocks like Nvidia, TSMC, and Broadcom have seen declines, with the iShares semiconductor ETF down 23% year-to-date. Despite challenges, TSMC’s solid results indicate strong chip demand, offering a glimmer of hope for the industry.



Read more at Yahoo Finance: The chip industry just got a much-needed boost as Trump tariffs loom large