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Taiwan Semiconductor Manufacturing (NYSE:TSM) posted strong quarterly results, including a 39.1% increase in earnings versus last year, with growth in advanced chip production being the main revenue driver. The stock rose around 2% in pre-market trading in response.

• "Recent developments in the AI market continue to be very positive": CEO C.C. Wei said that increasing adoption of artificial intelligence (AI) models is aiding demand for semiconductor products, with large growth potential even if his firm has restricted access to China.
• TSM raises 2025 revenue growth outlook to mid-30% range: Following Q2 results in July, Fool analyst Sanmeet Deo, CFA, commented, "As the foundry for the entire AI revolution -- from data centers to autonomous cars -- TSM is a foundational stock for investors betting big on artificial intelligence."

Nikkei Asia reports that Microsoft (NASDAQ:MSFT) is planning to shift production of most new products out of China next year as it tries to decouple from the country following U.S. trade tensions resurfacing over the past week.

• Surface laptops and data center servers included: Microsoft has already moved a large amount of server output and other products elsewhere, but it is reportedly aiming for 80% of related materials to come from outside China in the new plans.
• Microsoft follows other large tech competitors: The supply chain diversification news isn't unique, with both Amazon (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOG) either limiting Chinese access or expanding production in places like Thailand.

Recommended several times in Rule Breakers, Salesforce (NYSE:CRM) popped over 3.5% higher following yesterday's closing bell after the business raised its long-term revenue targets during its investor day, citing continued tech innovation.

• "Seeing this innovation translate into real customer success directly fuels our confidence": Robin Washington, the chief financial and operating officer, expects the company to achieve an organic annual growth rate exceeding 10% between now and 2030.
• Continued push to expand Agentforce reach: Salesforce's major growth bet is the Agentforce AI tool, with about 12,000 customers already using it, along with internal deployment saving $100 million in costs a year.

Stock Advisor recommendation Interactive Brokers (NASDAQ:IBKR) is due to report after the closing bell, with another record-breaking revenue haul expected as the company benefits from client activity from market volatility.

• Revenue expected to jump 23.9% versus last year: Charles Schwab (NYSE:SCHW) will release earnings before the market opens as investors watch for updates from last quarter on net interest income and further growth in the managed investing solutions division.
• A 4.48% dividend yield versus 1.17% for the S&P 500: U.S. Bancorp (NYSE:USB) should provide a quarterly update ahead of the opening bell, with a focus on payment services and credit quality when it comes to loans.

Taiwan Semi is up 245% over the past five years. Across the same period, the S&P 500 is up 91%. But will TSMC be a market-beater over the next five years? Debate with friends and family, or become a member to hear what your fellow Fools are saying!