Shares of both Nextdc (ASX:NXT) and Life360 (ASX:360) jumped over 2% in recent trading on Friday, while those of WiseTech Global (ASX:WTC) advanced nearly 1%, following gains on Wall Street after Taiwan Semiconductor Manufacturing (TSMC) forecasted revenue growth of close to 30% in 2026 and delivered better-than-expected quarterly results.
The Taiwanese firm reported earnings of NT$19.50 per share for the fourth quarter of 2025 on net sales of NT$1.046 trillion. Analysts polled by FactSet expected EPS of NT$18.13 and net sales of NT$1.031 trillion.
The tech-focused Nasdaq Composite Index rose 0.3% on Thursday on Wall Street.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments