Taiwan Semiconductor reports a third-quarter earnings surge of 54%, Nvidia stock is on track for a record close, Travelers rises sharply after topping profit estimates, and Elevance Health tumbles after cutting guidance.

The stock market is trading higher midday. The S&P 500 gained 0.32% and the tech-heavy Nasdaq Composite added 0.56%. The Dow Jones Industrial Average rose 0.4%, while the Russell 2000 Index lost 0.3%.

Taiwan Semi’s management issued forward looking guidance that impressed investors. The company sees revenue for the next quarter that is roughly $26.1-26.9 billion compared to the Street’s consensus of $24.

Taiwan Semiconductor posts third-quarter earnings that surged 54% to a record, Expedia jumps after a report says Uber has explored a bid for the online travel company, and Lucid expects wider losses.