Tech stocks rallied on Tuesday, lifting the Nasdaq Composite, while the Dow Jones Industrial Average futures lagged. Taiwan Semiconductor Manufacturing Company (TSMC) reported stronger-than-expected earnings, boosting shares of the chipmaker and other tech companies. TSMC’s revenue for the third quarter came in at NT$511.8 billion ($18.3 billion), above the consensus estimate of NT$508.2 billion. The company also raised its revenue forecast for the fourth quarter. The Nasdaq Composite was up 0.8%, while the Dow Jones Industrial Average futures were down 0.1%.
