0933 GMT - European semiconductor stocks jump after Taiwan Semiconductor Manufacturing Co. posted record earnings for the fourth quarter, reflecting continuing booming demand for its artificial-intelligence chips. European semiconductor companies that supply TSMC gain on the results, with ASM International--up 9.7%--leading the pack. ASML climbs 5.1% while advanced packaging equipment manufacturers Suss Microtec and BE Semiconductor both climb around 6%. The TSMC results show that "demand for AI is seen as real and driven by strong fundamentals," Equita analyst Alberto Gegra writes. The Taiwanese company's commitment to higher investment suggest the company is primed for significant growth, with the results broadly supportive for the semiconductor industry, Gegra adds.(josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
January 15, 2026 04:33 ET (09:33 GMT)
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