Semiconductor Stocks Slide Ahead of NVIDIA Earnings: Intel Falls 5%, AMD Slides 4%, Taiwan Semiconductor Slips 3%
Semiconductor stocks fell ahead of NVIDIA’s earnings, with Intel down 5%, AMD down 4% and Taiwan Semiconductor down 3%. The moves raise the bar for NVIDIA’s report and leave the group vulnerable to a sharper read-through if its growth or outlook disappoints.
The selloff was reported ahead of NVIDIA’s earnings, with Intel declining 5%, AMD falling 4% and Taiwan Semiconductor slipping 3%. No company guidance, estimate change or filing was provided with the story.
The named companies have materially different operating profiles in the supplied filings. NVIDIA reported $215.9B of revenue, up 65.5% YoY, with 71.1% gross margins and 55.6% net margins; AMD reported $34.6B of revenue, up 34.3% YoY, with 49.5% gross margins and 12.5% net margins. Intel reported $52.9B of revenue, down 0.5% YoY, with 34.8% gross margins and a -0.5% net margin.
The next hard information is NVIDIA’s earnings report. The key items are its revenue and outlook, evidence of sustained demand, and the extent to which the report validates or challenges expectations across the semiconductor complex.
The pre-earnings slide puts the semiconductor read-through on a knife edge: NVIDIA’s report must validate its $215.9B, 65.5% YoY growth profile to stabilize NVDA, while Intel’s weaker fundamentals leave INTC most exposed and AMD’s 34.3% growth offers a stronger relative cushion.
The setup is event-driven rather than a clean single-name trade: the group is already lower before NVIDIA reports. NVIDIA’s $215.9B revenue and 55.6% net margin create a high validation bar, whereas Intel’s -0.5% net margin makes its 5% decline more consistent with existing weakness than a newly established catalyst.
A stronger-than-feared NVIDIA outlook could reverse the semiconductor selloff and invalidate the downside read-through; the story also lacks a stated earnings estimate, guidance change or confirmed fundamental catalyst.
CoverageSource: Yahoo Finance · Published here WED, AUG 26 · 10:22 AM ET · 6 reports · 4 publishers in this record · latest listed: Yahoo Finance · WED, AUG 26 · 10:22 AM ETHow this is decided →
File photo · NVIDIA’s headquarters, Santa Clara · Aug 2018 · Coolcaesar · CC BY-SA 4.0 · Source & license- Investing.com — Nvidia earnings risks and the peers with the most to lose
- Yahoo Finance — Nvidia stock is on a 7-day losing streak ahead of its big earnings report
- Bloomberg Television — Why Investors Are Worried About Nvidia Earnings
- Investing.com — Asian chip stocks rebound ahead of Nvidia earnings as AI trade faces key test
- Yahoo Finance — Nvidia Stock Slips Ahead Of Report (Live Coverage)
Earlier context and later coverage are dated relative to this report. Automatically linked reports may cover a broader event.
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Price context does not establish that the story caused the move.
NVIDIA’s $215.9B revenue and 65.5% YoY growth, alongside 55.6% net margins, provide a concrete fundamental base for a report that could stabilize the group despite the pre-earnings declines.
The bear case is strongest for Intel, where revenue fell 0.5% YoY and net margin was -0.5%; across the group.
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