Futures: AI Chip Stocks Rally As Taiwan Semi Sales Soar

Dow Jones futures rose modestly Friday morning, along with S&P 500 futures and Nasdaq futures. Nvidia ( NVDA ) chipmaker Taiwan Semiconductor ( TSM ) reported strong April sales. X The stock market rally had a solid Thursday, with the Dow Jones rising for a seventh straight session. Leading stocks showed bullish or constructive action. Nvidia stock fell slightly for a third straight day, working on a possible handle. Broadcom ( AVGO ) is close to various entries. Chip-equipment giants Applied Materials ( AMAT ) and KLA Corp. ( KLAC ) are also near buy points. Taiwan Semiconductor stock, rallied Friday morning on April sales after closing between two buy points. TSMC makes chips for Nvidia, Broadcom,