Stock Market Today: Dow Wavers Ahead Of CPI Inflation Data; Nvidia Chipmaker TSMC Jumps (Live Coverage)

The Dow Jones fluctuated on Friday as investors awaited the March CPI inflation report, which could influence Federal Reserve policy decisions and market sentiment. Taiwan Semiconductor Manufacturing Company (TSMC), Nvidia’s primary chipmaker, saw shares surge after reporting strong sales, reflecting robust demand for AI and quantum-adjacent semiconductor technologies. Market volatility persisted amid uncertainty over inflation trends, with traders positioning cautiously ahead of the critical economic data release later in the day. TSMC’s gains highlighted the growing investor focus on semiconductor stocks, driven by advancements in AI, high-performance computing, and next-gen quantum hardware. Analysts noted the CPI report’s potential to either ease or exacerbate market instability, depending on whether inflation aligns with Fed targets.