US financial markets surged as Senate Democrats broke ranks to join Republicans in advancing a funding bill to end the government shutdown, sparking gains in equity futures and Treasury yields. Treasury Secretary Scott Bessent added to the positive sentiment by suggesting President Trump’s tariff ‘dividend’ could materialize through tax cuts, while TSMC shares climbed despite slowing sales after Nvidia CEO Jensen Huang requested more chip supplies. However, DZ Bank’s Sonja Marten warned that markets face a potential reality check once economic data resumes publication.
about Markets Rise as Senate Breakthrough Averts Government Shutdown
TSMC
NYC Elects Youngest Mayor in Century as Chip Stocks Slide
In a landmark political shift, New York City has elected 34-year-old democratic socialist Zohran Mamdani as its 111th mayor, making him the youngest person to hold the office in a century. Meanwhile, global semiconductor stocks faced significant selling pressure as concerns mounted over lofty valuations for artificial intelligence-related companies, with key Nvidia suppliers across Asia experiencing sharp declines that dragged down regional markets.
about NYC Elects Youngest Mayor in Century as Chip Stocks SlideIs TSMC Stock a Bargain or Overvalued After 57% Surge?
Taiwan Semiconductor Manufacturing Company (TSMC) shares have delivered impressive returns, surging 57.4% over the past year with an astonishing 49.0% gain in 2024 alone. This dramatic performance shift reflects changing market sentiment toward the semiconductor giant, driven by optimistic news about rising global chip demand and strategic investments in advanced manufacturing technologies. The rapid appreciation has sparked intense debate among investors about whether TSMC’s current valuation represents a genuine bargain or if the stock has become overpriced given its recent explosive gains.
about Is TSMC Stock a Bargain or Overvalued After 57% Surge?TSMC’s Rosy Forecast Boosts Semiconductor Stocks
Semiconductor stocks surged on Thursday as Taiwan Semiconductor Manufacturing Company (TSMC) delivered record quarterly profits and an upgraded revenue forecast, signaling robust demand for artificial intelligence infrastructure components. The world’s leading contract chipmaker cited strong orders from key clients including Nvidia and Apple, fueling optimism across the sector during a week marked by significant AI-focused deals.
about TSMC's Rosy Forecast Boosts Semiconductor StocksNestlé Soars on Job Cuts, TSMC Boosts AI Outlook
Nestlé shares surged over 8% in Swiss trading, marking their biggest single-day gain since 2008, following stronger-than-expected quarterly sales and a major restructuring plan involving 16,000 job cuts. Simultaneously, Taiwan Semiconductor Manufacturing Company (TSMC) raised its 2025 revenue growth forecast to the mid-30% range for the second time this year, signaling sustained optimism about global AI infrastructure spending and reinforcing the chipmaker’s pivotal role in the technology ecosystem.
about Nestlé Soars on Job Cuts, TSMC Boosts AI OutlookTrade War Escalates as TSMC Soars, Nestlé Cuts Jobs
The global economic landscape is witnessing dramatic shifts as geopolitical tensions intensify between the world’s two largest economies while corporate fortunes diverge sharply. The Trump administration’s acknowledgment of a long-term trade war with China coincides with Treasury Secretary Scott Bessent’s warning of coordinated responses to Beijing’s rare earth restrictions, creating market uncertainty even as Taiwan Semiconductor Manufacturing Company (TSMC) delivers stronger-than-expected earnings driven by insatiable AI infrastructure demand. Meanwhile, Swiss food giant Nestlé announces plans to cut 16,000 jobs over the next two years, signaling aggressive corporate restructuring amid these turbulent conditions.
about Trade War Escalates as TSMC Soars, Nestlé Cuts JobsTSMC Raises 2025 Revenue Forecast to Mid-30% Growth
Taiwan Semiconductor Manufacturing Co. has significantly upgraded its 2025 revenue growth projection to the mid-30% range following stronger-than-expected quarterly results. The world’s leading chipmaker also increased its capital spending targets, signaling continued confidence in the semiconductor market expansion. These developments highlight TSMC’s pivotal role in the global AI infrastructure boom.
about TSMC Raises 2025 Revenue Forecast to Mid-30% GrowthTSMC Q3 Profit Soars 39% on AI Chip Demand
Taiwan Semiconductor Manufacturing Company shattered expectations with a record-breaking third-quarter performance, posting a 39.1% surge in net profit as artificial intelligence applications fueled unprecedented demand for its advanced semiconductors. The world’s largest contract chipmaker demonstrated its critical role in the global technology ecosystem, delivering T$452.3 billion ($14.76 billion) in net profit that comfortably exceeded analyst forecasts and highlighting the ongoing AI-driven semiconductor boom.
about TSMC Q3 Profit Soars 39% on AI Chip Demand5 Manufacturing Stocks to Watch Today
MarketBeat’s stock screener has identified five key manufacturing stocks worth monitoring in today’s trading session, spanning diverse sectors within the industrial manufacturing landscape. Taiwan Semiconductor Manufacturing (TSM), Applied Materials (AMAT), Dragonfly Energy (DFLI), Johnson Controls International (JCI), and Jabil (JBL) represent companies that transform raw materials into finished goods through industrial processes, offering investors exposure to the industrial backbone of the global economy.
about 5 Manufacturing Stocks to Watch TodayHuawei AI Chips Defy Sanctions, Rivian Safety Fix, China-US Deal Push
Huawei’s advanced AI chips reportedly contain components from major semiconductor manufacturers despite US restrictions, while electric vehicle maker Rivian addresses door safety concerns, and China offers investment incentives to ease American security measures. These developments highlight ongoing tensions in global technology supply chains and US-China economic relations, with significant implications for national security policies and corporate compliance.
about Huawei AI Chips Defy Sanctions, Rivian Safety Fix, China-US Deal PushSenators Probe White House Officials Over UAE Crypto Conflicts
Two senior US senators are demanding a federal investigation into White House officials David Sacks and Steve Witkoff, alleging they have compromised national security through “unbridled conflicts of interest” involving the United Arab Emirates. In a formal letter dated September 23, 2025, Senators Elizabeth Warren and Elissa Slotkin accuse the officials of advocating for policy changes on cryptocurrency and semiconductor exports that align with their undisclosed financial interests, creating a dangerous overlap between official policymaking and private profit.
about Senators Probe White House Officials Over UAE Crypto ConflictsHuawei’s 3-Year AI Chip Plan to Challenge Nvidia
Huawei has launched an ambitious three-year strategy to compete with Nvidia in the high-stakes AI chip market, betting on massive-scale clustering and superior data interconnect speeds to overcome a significant performance gap in individual processors. Announced by Chairman Eric Xu at the Huawei Connect conference, the plan centers on linking up to 15,488 of its Ascend AI chips using a new proprietary technology, a move that signals China’s accelerating push for semiconductor self-reliance in the face of persistent US sanctions.
about Huawei's 3-Year AI Chip Plan to Challenge Nvidia