 The S&P 500 gained 56, and for the seventh day in a row, the tech-heavy Nasdaq Composite set a record up 218 points. The world's largest contract chipmaker coasted past projections in a new earnings report thanks to booming demand for AI applications. Taiwan Semiconductor Manufacturing, or TSMC, credits Apple and NVIDIA as major customers. The company is seeing the price of shares soar 80% this year.