Nvidia co-founder and CEO Jensen Huang talks about the Vera Rubin AI platform during a question-and-answer session with reporters at the annual Consumer Electronics Show (CES) on January 6, 2026 in Las Vegas, Nevada.
Patrick T. Fallon | AFP | Getty Images
Chip makers Nvidia and Advanced Micro Devices led a general industry rally in the US on Thursday, along with semiconductor makers such as Applied materialsafter A Taiwanese semiconductor manufacturing company income was higher than expected.
Nvidia, the world’s most valuable company and a leader in artificial intelligence processors, saw its shares rise nearly 3% in afternoon trading. Smaller rival AMD rose 6%. Broadcomit makes custom chips for AI workloads, added about 2%.
TSMC, the largest chip maker by contract, reported a 35% rise in fourth-quarter revenue, beating forecasts and saying it expected. Increase in capital expenditure in 2026A mark of confidence in the AI framework. Nvidia, AMD, and Broadcom are all TSMC customers.
“We expect our business to be supported by continued demand for our advanced technology technologies,” TSMC CFO Wendell Huang said during the earnings call. Shares of TSMC rose more than 6%.
The report comes ahead of the US tech earnings season, which kicks off next week with the struggling chipmaker. Intel. Apple, Tesla, Meta and Microsoft The results are scheduled to be announced next week.
The VanEck Semiconductor stockit counts Nvidia, TSMC and Broadcom among its ranks top componentsup 3.5% on Thursday.
Memory storage device micron#4 member of the group, up more than 3%. Lam studieschip equipment maker, jumped 6.5%, al Analog devices increased by almost 2%.
