Economy Politics Country 2026-01-16T16:15:08+00:00

US Stocks Rise Amid Taiwan Semiconductor Investments

US stock indices rose following a trade deal between the US and Taiwan, which includes investments of at least $250 billion in US production capacity. TSMC's stock led the gains.


US Stocks Rise Amid Taiwan Semiconductor Investments

US stocks rose on Friday as Wall Street sought to end the week on a high note. The Dow Jones gained 0.15%, S&P 500 rose 0.25%, and Nasdaq increased 0.51%. These major indices followed a profitable session, driven by gains in semiconductor ('chip') stocks for the second consecutive day. Furthermore, the United States and Taiwan have reached a trade agreement under which Taiwanese semiconductor and technology companies will invest at least $250 billion in production capacity in the US. Leading this surge was Taiwan Semiconductor Manufacturing Co. (TSMC) following its outstanding fourth-quarter report.