Nvidia Earnings Preview Sparks Caution Among Tech Investors

Nvidia's earnings are set to be released on the 26th, and investors are closely watching for signs of AI demand and its impact on tech stocks. The Philadelphia Semiconductor Index showed a strong rebound of 1.76% intraday, while Nvidia shares climbed 1.48%. TSMC ADR rose 2%, and SK Hynix ADR surged 3.63%.

The previous day's sell-off was driven by uncertainty ahead of Nvidia's earnings and U.S. economic pressure on Iran, which led to a plunge in semiconductor stocks. However, market participants are cautiously optimistic, with some expecting Nvidia's results to boost investment confidence in Taiwan's semiconductor and AI supply chain stocks.

The Dow Jones Industrial Average opened up 177.8 points, or 0.98%, at 53,594.92; the S&P 500 rose 23.8 points, or 0.31%, to 7,676.66; and the Nasdaq Composite gained 168.5 points, or 0.65%, to 26,148.71.