NVIDIA's earnings report ignites AI revival signals, with TSMC's single-day surge surpassing a market value of nearly 2 trillion—Huang Man's key outlook for the future market

Earnings Report Sparks Explosion, Leading Chipmaker Soars

Following the news that NVIDIA’s stock price surged over 6% after hours, the enthusiasm for bullish trading in the Taiwan stock market was immediately ignited. TSMC’s ADR moved higher in tandem, driving the spot market to open strongly, with an intraday high of 1460 NT dollars, nearly a 4.7% increase for the day. How strong is this rally? Investors directly expressed: “One company supports the entire market,” and “AI panic finally has a chance to be alleviated.”

According to market analysis, the most direct driver of TSMC’s strong rebound this time is the confidence rebuilding brought by NVIDIA’s earnings report. However, it should be noted that earlier, due to foreign institutional adjustments, TSMC’s stock price briefly touched below the 1465 NT dollar monthly line, and the chip’s holdings still appear loose. Whether it can stabilize in the future depends critically on whether foreign investors’ futures short positions truly decrease.

How Far Can the Rebound Go? Testing NVIDIA’s “Endurance”

Market insiders like Huang Man pointed out that whether TSMC’s recent rally can continue depends on whether NVIDIA can maintain its upward momentum. If NVIDIA’s stock price is merely a short-term celebration on the day of the earnings release, TSMC may struggle to sustain the rally; conversely, if NVIDIA continues to break through new highs, TSMC has a chance to truly hold the monthly line and challenge resistance above 1460 NT dollars.

For investors optimistic about the long-term AI trend and confident in TSMC’s fundamentals, the current stock price returning to around the monthly line is an opportune moment for “gradual entry.” However, the overall trend is expected to be a “steady slow rise,” with foreign capital flows becoming a decisive factor.

Unclear US Market Tone Limits Taiwan Stock’s Follow-Through

Despite NVIDIA’s impressive earnings, the Nasdaq and S&P 500 indices ended their four-day losing streak. However, market doubts remain about the Federal Reserve’s December rate decision. The latest meeting minutes show that several officials believe there is “no need to continue cutting rates in December,” and with employment data still uncertain, market expectations for a shift in monetary policy have noticeably cooled.

From a technical perspective, the S&P 500 entered a high-level consolidation phase after breaking below the 6800-point support. If it cannot regain and stabilize above 6800 points in the short term, there is a possibility of testing the 6400-point level again. In this context, investors should remain patient and vigilant regarding US stock volatility.

Strategy Guidance: Gradual Positioning Is Timely, but Defense Comes First

Overall, NVIDIA’s earnings report has indeed injected confidence into TSMC and the entire AI sector, once again making it a market focus. However, with foreign institutional holdings not yet fully returning and the US market environment still uncertain, the difficulty for TSMC to replicate past sharp gains has increased significantly.

The current strategic suggestion is: investors can seize the opportunity to gradually build positions during market fluctuations, while closely monitoring foreign capital movements and NVIDIA’s subsequent performance, to steadily position themselves in this long-term AI trend.