Why Microsoft, ASML, and TSMC Stocks All Just Popped
AI news drove big tech stock gains in early trading Thursday.
Through 10:05 a.m. ET, shares of (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.
Source Fool.com
Microsoft Corp. Stock
€401.85
-0.560%
The stock is one of the favorites of our community with 108 Buy predictions and 1 Sell predictions.
With a target price of 423 € there is a slightly positive potential of 5.26% for Microsoft Corp. compared to the current price of 401.85 €.
