Taiwan Semiconductor Manufacturing stock is rising in early trading after the company reported strong earnings and raised fourth-quarter guidance, a move that shouldn’t surprise given its critical role supplying chips to leaders like Nvidia, AMD, Broadcom, and Apple. TSMC has delivered a technical clinic over the past year, notably breaking above a cup base pivot near $225 this summer, retesting it successfully in August, and then surging higher. Round number theory came into play at $300, and with shares now trading above a bull flag pivot in the premarket, a measured move toward $350 into 2026 appears in play...

AMD also landed a major order from Oracle Corp. this week, further juicing its shares. Meanwhile, Broadcom unveiled its own agreement with OpenAI on Monday, sending its shares up 10% in a single session, their best performance since April. “OpenAI clearly can’t rely just on Nvidia,” said Eric Clark, portfolio manager of the Rational Dynamic Brands Fund, which has less than $70 million in assets under management, according to data compiled by Bloomberg...