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MARKETS LIVE BLOG:

NASDAQ FUTURES POP, TESLA STOCK SURGES AFTER EARNINGS

Tesla shares jump after EV maker vows to speed up launch of more affordable models

Why Microsoft, ASML, and TSMC Stocks All Just Popped

Rich Smith, The Motley Fool
·3 min read
Why Microsoft, ASML, and TSMC Stocks All Just Popped

Through 10:05 a.m. ET, shares of Microsoft (NASDAQ: MSFT) are up a respectable 2.2%, while semiconductor manufacturing equipment maker ASML (NASDAQ: ASML) is gaining 4.6%, and Taiwan Semiconductor Manufacturing (NYSE: TSM) is leading the pack higher with a 10.1% gain. The precise reasons why these stocks are rising may differ -- but artificial intelligence (AI) lies at the root of each rally. Let's begin with Microsoft.

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