Nvidia Investors Need to Be Paying Attention on July 16
Keithen Drury, The Motley Fool
Sun, July 12, 2026 at 3:05 PM GMT+5:30
4 min read
- 2330.TW
-2.03% - NVDA
+4.03%
July 16 could be a very important day for investors in all sectors of the market. Taiwan Semiconductor Manufacturing (NYSE: TSM) (or TSMC) reports earnings on that day, and it will have implications beyond just its stock
TSMC is the primary chip fabricator for nearly any company involved in the AI build-out and tech fields. If it raises a red flag that chip demand has fallen off a cliff, it could crash the stocks of many of the computing unit manufacturers, like Nvidia (NASDAQ: NVDA). On the flip side, if TSMC reports positive earnings and tells investors that business is continuing to ramp up, it could send shares of its peers rallying
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »
Nvidia investors have been disappointed in 2026 because of lackluster performance. However, if TSMC reports strong earnings, I think it could be one catalyst the stock needs to send it higher
What can investors expect from Taiwan Semiconductor?
TSMC isn’t much for surprises. While most companies on the public markets wait until their earnings report to let investors know how much revenue they generated, TSMC announces it monthly. While we don’t have June’s revenue figures yet (and won’t until after earnings), investors already know what occurred in April and May. In April, TSMC’s revenue rose 17.5%, and in May it increased by 30.1%, in New Taiwan dollars
Companies don’t often report monthly revenue because the market can get wrapped up in slow or fast growth, but monthly revenue is highly affected by working days and when orders are placed. The information doesn’t replace the quarterly results, which smooth out some of that effect. However, it shows that demand for chips is still strong and that TSMC continues to expand
For the second quarter, Wall Street analysts expect 35% revenue growth, but they also expect guidance for 40% growth next quarter. If TSMC’s results and guidance exceed expectations, the stock could soar, and pull Nvidia up with it
Nvidia stock has had a weak 2026 so far
There have been few stocks as disappointing as Nvidia during 2026. Its stock has lost to the broader market for the better part of the year, as measured by the S&P 500(SNPINDEX: ^GSPC). However, it has closed the gap in recent days and is performing similarly right now. But if you look at its earnings results, you wouldn’t think that was the case
