Semiconductor stocks gained in overnight trading, as TSMC said its capital expenditure would be higher over the next three years and forecasts 2026 capex of $52 billion to $56 billion.
ASML rose 5%; Applied Materials and Lam Research rose 4%; Direxion Daily Semiconductors Bull 3x Shares and KLA rose 3%; TSMC and Himax rose 2%; Micron, SanDisk, Astera Labs, VanEck Semiconductor ETF, Marvell Technology, Intel, and Western Digital rose 1%.
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