Q1 semis earnings rolling
Q1 earnings season is active for semiconductor and equipment names — TSM and ASML were flagged as upcoming reporters while premarket action showed Mag7 weakness, with NVDA noted down about 1.3% in premarket trade ( ). Market commentary in the same window highlighted resilient AI‑hardware names such as Micron and AMD as names traders are watching into those reports (x.com).
Semiconductor earnings are setting the next market test this week, with ASML Holding due on April 15 and Taiwan Semiconductor Manufacturing on April 16. (asml.com) (investor.tsmc.com) ASML said it will publish first-quarter 2026 results at 07:00 Central European Time on Wednesday, April 15, 2026. Taiwan Semiconductor Manufacturing scheduled its first-quarter 2026 earnings call for Thursday, April 16, 2026, at 2:00 a.m. Eastern time. (asml.com) (investor.tsmc.com) Before those reports, Nvidia shares were indicated lower in early trading on April 13. Yahoo Finance showed Nvidia at $185.91 in overnight trading, down $2.83, or 1.50%, after an April 10 close of $188.63. (finance.yahoo.com) Taiwan Semiconductor Manufacturing is the contract chipmaker that builds processors designed by companies such as Nvidia and Advanced Micro Devices. ASML sells the lithography machines that print circuit patterns onto silicon wafers, making its order book a readout on future factory spending. (investor.tsmc.com) (asml.com) Those two reports land after a quarter in which artificial-intelligence hardware remained the main demand engine across the sector. Investors have been using chipmaker results and equipment orders to judge whether spending on data centers is still expanding fast enough to support recent share gains. (investor.tsmc.com) (asml.com) Taiwan Semiconductor Manufacturing’s investor site already shows first-quarter 2026 revenue of $34.6 billion to $35.8 billion, gross margin of 63.0% to 65.0%, and operating margin of 54.0% to 56.0%. Those figures frame the company’s own comparison with its January guidance of $32.2 billion to $33.4 billion in revenue and 59.0% to 61.0% gross margin. (investor.tsmc.com) ASML enters the week after saying in January that its quarter and full year 2025 were both records and that it expected 2026 total net sales of 30 billion euros to 35 billion euros. The company tied that outlook to artificial-intelligence demand and growth in both extreme ultraviolet and deep ultraviolet systems. (asml.com) Advanced Micro Devices and Micron Technology are also part of the same trade because both sell components used in artificial-intelligence servers. Google Finance showed Advanced Micro Devices at $241.74 in premarket trading on April 13, down 1.35% from its prior close of $245.04. (google.com) The immediate question this week is whether management teams repeat the same message investors heard in early 2026: artificial-intelligence demand is still strong, but the stocks now need fresh numbers to hold up. Wednesday and Thursday’s reports will supply those numbers. (asml.com) (investor.tsmc.com)
