"Tech Stocks Drive US Futures Rebound: Chipmakers and Megacaps Lead the Way"

US stocks rose, with the S&P 500 up 0.4% and the Nasdaq Composite leading gains at 1%, driven by a bullish revenue outlook from TSMC, a key chip supplier to Apple and Nvidia. Despite TSMC's profit dip, it beat estimates, boosting shares of AMD and other chipmakers. Jobless claims hit a year-low, signaling progress in the labor market, while investors await fresh data and monitor the Federal Reserve's stance on interest rate cuts.