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BUZZ-Chip equipment stocks surge on strong TSMC capex forecast

Reuters
Jan 15
BUZZ-Chip equipment stocks surge on strong TSMC capex forecast

** Shares of chip-making equipment companies Lam Research LRCX.O and Applied Materials AMAT.O both up 6.2% premarket; US-listed shares of ASML ASML.O up 4.2% at $1,316

** Cos manufacture advanced equipment to outfit TSMC's chip fabrication plants

** Taiwan Semiconductor Manufacturing Co 2330.TW forecasts capital spending of $52 billion to $56 billion this year

** ASML looks set to be the earliest and potentially biggest winner from a multi-year capex surge - Hargreaves Lansdown

** The Philadelphia SE Semiconductor index .SOX rose ~42% in 2025

(Reporting by Akash Sriram in Bengaluru)

((Akash.Sriram@thomsonreuters.com; https://twitter.com/hoodieonveshti;))

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