TSMC earnings ignite AI rally! Philadelphia Semiconductor Index hits fresh record; Samsung Bloomberg Global Semiconductor Etf (03132.HK) surges 3.5% in early trade.

NewTimeSpace — 16 Jan pre-market: Chip names lead after TSMC beat; SOX hits record, eyes 8,000. Samsung Bloomberg Global Semiconductor Etf (03132.HK) +4% at 9:41, +25% in 60 days.

HKEX data show 03132 tracks the Bloomberg Global Semiconductor Top 20 Index, the “semiconductor” sleeve of Bloomberg’s thematic suite. The gauge applies a dual screen—highest revenue purity plus top market cap—to surface 20 global bellwethers, offering a high-beta, low-noise proxy for the sector.

TSMC Q4 net profit US$16 bn, +35% y/y, a record beat. Capex guide lifted to US$52-56 bn for 2026 vs. US$40.9 bn in 2024, well above consensus. Management sees outsized spend for the next three years, reinforcing the long-duration AI narrative.

BofA raises TSMC 2024-29 revenue CAGR to 25% from 20% and AI accelerator CAGR to “mid-50s%” from “mid-40s%”, forecasting 2026 top-line growth near 30% vs. Street mid-20s%.

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