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

TSMC shares are up about 35% in 2026, but the stock may see an extra lift after Nvidia reports results following the close on Aug. 26. Nvidia is expected to account for more than 20% of TSMC revenue this year, making it the foundry’s largest customer. Multiple forecasts point to a strong Nvidia quarter tied to its Vera Rubin AI chip systems, with shipping starting in the second half of 2026. Bloomberg reports Nvidia could raise AI chip prices by more than 15%. Nvidia projects $91 billion revenue for fiscal Q2, record levels, and consensus expects $103.8 billion in fiscal Q3.