Futures Rise on TSMC Results and AI Stock Momentum

Futures Rise on TSMC Results and AI Stock Momentum

US futures posted notable gains toward the end of the week, supported by strong quarterly results from Taiwan Semiconductor Manufacturing Co.

(TSMC), which revived investor appetite for artificial intelligence and technology shares.

Pre-market indicators pointed to a positive open on Wall Street following a session of broad advances in chip-related companies.

Futures on the Dow Jones rose by around 0.2%, while S&P 500 and Nasdaq contracts increased between 0.4% and 0.5%.

The improvement came after TSMC reported record profits that exceeded expectations, underlining that AI-driven demand remains robust despite concerns over rising costs in coming years.

Shares of major players such as Nvidia, AMD and Applied Materials jumped, with additional support from European peers including ASML.

However, analysts noted that some legacy software names faced pressure amid growing competition from new AI products.

On the macro front, solid US economic data strengthened expectations that the Federal Reserve may delay interest-rate cuts until mid-year, lifting Treasury yields.

Geopolitical developments also remained in focus as oil prices eased following US remarks suggesting reduced tensions with Iran.

In commodity markets, gold pulled back slightly from record highs, while crude prices stabilized after sharp losses in the previous session.

Investors are now awaiting earnings from a group of major US banks, which should provide clearer insight into economic resilience and corporate profit trends in 2026.

Market experts believe the direction of futures in the coming sessions will depend largely on technology earnings momentum and monetary-policy signals, within an environment marked by elevated volatility and opportunities tied to artificial intelligence.