# The S&P 500 and Nasdaq showed gains on Friday, driven by robust performance in chip stocks.

*business · news · 2026-04-10 · Devdiscourse*

## Key points

- Chip stocks, including Nvidia and Broadcom, led market gains on Friday.
- Taiwan Semiconductor exceeded earnings forecasts, contributing to semiconductor sector strength.
- Financial stocks declined due to record-low consumer sentiment and inflation worries.
- Market optimism was supported by ongoing U.S.-Iran peace agreement discussions despite Middle East tensions.

**Companies:** Nvidia, Broadcom, Taiwan Semiconductor
**Countries:** United States, Iran, Taiwan

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/business/3869806-chip-stocks-boost-markets-amid-mid-east-tensions)

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