Daily Market Alert: Chip Stocks Jump as TSMC Outperforms, China Considers Nvidia Restrictions, and Wells Fargo Elevates AMD

Chip stocks rallied as investors responded to strong industry developments and shifting geopolitical dynamics. Taiwan Semiconductor Manufacturing Company (TSMC) posted an impressive fourth‑quarter performance, beating revenue and earnings expectations and driving optimism across the semiconductor sector. TSMC’s robust results helped lift the broader market and reinforced confidence in AI‑related chip demand. Wells Fargo made a notable move by upgrading Advanced Micro Devices (AMD) as its top semiconductor pick, highlighting AMD’s strong 2025 performance — with the stock surging roughly 90% last year compared with Nvidia’s 37%. The bank cited AMD’s growing data‑center momentum and competitive AI accelerator products as reasons for its bullish stance. Amid these gains, reports indicate that Chinese regulators are drafting measures that could restrict imports of Nvidia’s AI chips, adding geopolitical risk factors to the market narrative. Despite this, Nvidia remains a major market force, and China’s restrictions may simply formalize existing trends in AI infrastructure development. #ChipStocks #TSMC #AMD #TechMarket #SlimScan #GrowthStocks #CANSLIM