Prediction: TSMC Stock Will Soar After Aug. 26 Thanks to Nvidia’s Historic Quarter

NVDA's earnings report on Aug. 26 could serve as a catalyst for TSM, which derives more than 20% of its revenue from the graphics chip maker. The Taiwan-based foundry stands to benefit from NVDA's robust order book, new chip generation launches, and potential 15% price hikes on its products.

Analysts project TSM's earnings per share could reach $47.75 by 2030, implying a potential stock price of $1,150—a 182% gain from current levels. The connection between the two companies makes NVDA's quarterly results a direct read-through for TSM's production pipeline and capacity utilization.

The timing creates a clear setup: strong guidance from NVDA on the 26th would validate accelerating demand for advanced process nodes that TSM dominates. Beyond NVDA, TSM also manufactures chips for AAPL, AMD, and QCOM, though NVDA remains the largest single customer.