New big investments lift AI stocks as TSMC targets $52 billion to $56 billion in capital expenditures

TSMC's sales forecast for 2026 also looks positive. They expect a 30 percent increase in revenue - also more than expected.

TSMC is a world-leading semiconductor manufacturer and subcontractor to a wide range of tech giants, a benchmark for where the AI boom is headed.

For the fourth quarter of 2025, TSMC reports unexpectedly strong profits and sales, up 35 percent and 20 percent respectively.

Following the announcement of strength from TSMC, the shares of subcontractor ASML, among others, rose by almost 8 percent, to a new record level.