The Rundown TSMC Signals More AI Spending, Tesla Makes Changes to FSD
21 snips
Jan 15, 2026 Tech stocks are in a slump, with a shift favoring small-cap companies. TSMC reported record profits and plans substantial AI investments for 2026. Meanwhile, Goldman Sachs and Morgan Stanley posted impressive earnings due to increased trading and investment banking activity. Oil prices fell as tensions in Iran eased. In a bold move, Tesla transitioned its Full Self-Driving feature to a subscription model, aiming for steady software revenue and increased user adoption.
AI Snips
Chapters
Transcript
Episode notes
Market Rotation From Mega Caps
- The market is rotating away from mega-cap tech into smaller stocks, broadening leadership beyond a handful of names.
- Zaid Admani warns that if big tech keeps lagging, major indices may struggle to rally despite healthier breadth.
Use Earnings As Market Catalysts
- Watch upcoming big tech earnings as potential catalysts that could reverse or deepen current tech weakness.
- Subscribe to the podcast to stay updated on earnings and market rotation commentary from Zaid Admani.
TSMC Bets Big On AI Demand
- TSMC reported a record quarter and forecasts ~30% revenue growth for 2026, signaling sustained AI-driven demand.
- The company plans $52–$56 billion in 2026 CapEx, showing it will expand capacity to serve high-performance computing needs.