Tech Stocks Surge on Taiwan Semiconductor's Strong Earnings and Outlook
- Tech sector lifts stocks higher, led by Taiwan Semiconductor earnings beat
- Taiwan Semiconductor forecasts 20% revenue growth in 2024 due to AI demand
- Semiconductor index jumps nearly 3% on positive outlook
- Jobless claims hit lowest level since September 2022 despite labor market concerns
- Tech concentration in major indexes still key to driving markets higher