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Friday, January 16, 2026

Tag: chip sales

Dow Jumps 662 Points as Fed Signals Rate Cuts; Nvidia Rebounds

US stocks surge as Fed hints at December rate cut. Nvidia rebounds on China chip sales report. Small caps rally but indexes finish week lower.

TSMC Sales Growth Slows to 16.9% in October, AI Demand Concerns Rise

TSMC reports slowest sales growth since February 2024 at 16.9%, signaling potential AI demand cooling despite Nvidia requesting more wafers and tech giants planning $400B AI spend.