Key News Facts
Taiwan Semiconductor Manufacturing Company (TSMC), listed on the NYSE under the ticker TSM, will report its earnings on July 16, 2026. Analysts expect TSMC to show a 35% revenue growth for the second quarter and provide guidance of 40% growth for the next quarter. In April and May, TSMC’s revenue rose by 17.5% and 30.1% respectively in New Taiwan dollars, indicating strong demand for chips.
The outcomes of TSMC’s earnings report could significantly impact other tech stocks, especially Nvidia (NASDAQ: NVDA), which has faced a disappointing performance in 2026. Nvidia’s revenue grew by 85% year-over-year last quarter, with expectations of a 96% increase next quarter. A positive earnings report from TSMC could potentially boost Nvidia’s stock, which trades at a forward price-to-earnings ratio of 22.8, slightly above the S&P 500’s 21.7.
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