Although U.S. stocks rose slightly yesterday, there are underlying currents from policy and geopolitical risks. However, TSMC's earnings data completely reversed market sentiment—results far exceeded expectations, directly activating investors' optimistic outlook for the demand in the tech industry by 2026. What was the result? The entire chip concept stock sector fired on all cylinders, strongly boosting the tech market through the industrial chain.

This heat has now spread to the A-shares side. Although regulatory authorities have recently been cooling down the market, the support at the policy level for core industries like chips and semiconductors remains very firm. Especially in the semiconductor sector, with solid fundamentals and industry logic in place, combined with market bullishness, today is very likely to close in the green. The key still depends on how long the industrial chain can sustain this level of enthusiasm.