Stock Market Update
14-Feb-25 14:30 ET
TSM moves up after INTC news
Dow -117.48
at 44593.95,
Nasdaq +50.46
at 19996.10,
S&P +1.61
at 6116.68
[BRIEFING.COM] The Nasdaq Composite sits on a 2.4% gain this week.
Taiwan Semiconductor Manufacturing (TSM 203.66, +1.83, +1.1%) moved higher following a report that it's mulling taking a controlling stake in Intel (INTC 23.27, -0.85, -3.6%) factories following a request from the Trump administration, according to Bloomberg.
The PHLX Semiconductor Index (SOX) trades fractionally below its prior close.
