By Tirthankar Chakraborty
Publication Date: 2026-02-23 20:00:00
NVIDIA Corporation NVDA has consistently delivered strong quarter-over-quarter earnings, and the fourth quarter of fiscal 2026 looks no different. Continued demand for its Blackwell chips, expanding artificial intelligence (AI) partnerships and a surge in data center investments signal continued long-term growth.
However, NVIDIA shares are up just 1.8% year to date, a muted performance that has left Wall Street unimpressed. On the other hand, there are also other AI heavyweights including Taiwan Semiconductor Manufacturing Company Limited TSM or TSMC, Micron Technology, Inc. MU, and Super Micro Computers, Inc. SMCI have significantly outperformed, rising 21.9%, 50% and 10.8% respectively. So let’s look at what’s driving their gains and why there may be more upside ahead –
Image source: Zacks Investment Research
As AI hyperscalers drive data center construction, demand is increasing for TSMC’s chips that power them…
