A look at the day ahead in European and global markets from Kevin Buckland The rally in semiconductor shares has circled the globe, and is almost single-handedly setting Japan’s Nikkei share average back on track for a second consecutive weekly advance. A 1.4% bounce for the Japanese benchmark was only outdone by the more than 2% jump in Taiwan, home to TSMC, which catalysed the buying frenzy with its projection for 20%-plus revenue growth this year. But mainland Chinese and Hong Kong stocks continued to stand out for the wrong reasons, losing ground while the rest of the region rose. Chinese …