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Express News | Semiconductor stocks rise at the open, with NVIDIA up over 3%.
Express News | U.S.-listed Chinese stocks surge at the opening, with Alibaba up over 4%.
Express News | U.S.-listed Chinese stocks surge in overnight trading, with Alibaba up over 4%.
Tech giants show strong capital expenditure, Taiwan Semiconductor is listed as a "preferred stock" by Morgan Stanley.
Morgan Stanley listed Taiwan Semiconductor as its top stock on Thursday, noting that the capital expenditures of Meta and Microsoft indicate a continued strong demand for AI products, confirming the company's bright prospects. Morgan Stanley upgraded its rating on Taiwan Semiconductor stocks to Shareholding, with Taiwan Semiconductor's American shares rising by 4.6% at one point on Thursday, ultimately closing up 3.6%.
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