Major indexes post modest losses
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Stock Market Today: Taiwan Semiconductor Leads Chips As Dow Jones, Nasdaq Catch Their Breath (Live Coverage)Stock Market Today: Taiwan Semiconductor Leads Chips; Broadcom Breaks Out As Dow Jones, Nasdaq Catch Their Breath (Live Coverage)

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Taiwan Semiconductor ( TSM ) and Broadcom ( AVGO ) led the upside after the former announced solid quarterly revenue.
Taiwan Semi — one of the largest tech firms in the world and the top foundry to many of the AI chip sellers — gapped up at the open and rallied as much as 7% .
The Nasdaq composite, fresh from a nearly 2.5% advance on Wednesday , tried to add to those juicy gains Thursday morning .
But after rising modestly, the index edged almost 0.2% lower.
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