Meta, the parent company of Facebook, reported its Q1 fiscal 2025 earnings today, with revenue and profit exceeding market expectations, leading to a stock price surge of over 5% at opening. CEO Mark Zuckerberg stated that the artificial intelligence sector will no longer be dominated by OpenAI and Google. He introduced the latest advancements of Meta's proprietary large language model, Llama 4 Behemoth, during a conference call, announcing the launch of a standalone Meta AI application.

The positive earnings reports from Meta and Microsoft drove U.S. major indices to collectively rise, indicating a strong outlook for the tech sector. The Dow Jones Industrial Average opened with a gain of over 300 points, rising 0.48% to 40,865.42. The S&P 500 climbed 1.01% to 5,625.34, while the Nasdaq rose by 344.18 points, and the Philadelphia Semiconductor Index increased by 1.7%.

Regarding individual stocks, after Meta's revenue surpassed expectations, its stock opened high, reaching $577.3 with a gain of 5.16%. Microsoft benefited from overwhelming demand for AI and cloud services, surging by 33.51 points for an 8.48% increase. NVIDIA rose by 4.14%, and TSMC's ADR increased by 4.51%, reaching $174.21.