By Vandita Jadeja
Publication Date: 2026-04-29 13:43:00
Quick Read
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Nvidia (NVDA) posted 73.21% revenue growth with Data Center segment at $62.31B and networking surging 263% year-over-year, while Taiwan Semiconductor Manufacturing (TSM) grew 35.1% with 3nm wafers representing 25% of revenue and HPC platforms driving 61% of platform revenue. Nvidia carries $95.2B in supply commitments, primarily flowing to TSMC.
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Nvidia dominates chip design and software stack economics as hyperscalers deploy Blackwell and prepare for Rubin instances, while TSMC captures foundry value through advanced node capacity at 74% of wafer revenue and 58.1% operating margins, making both essential partners in the AI value chain.
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The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE.
NVIDIA (NASDAQ:NVDA) and Taiwan Semiconductor Manufacturing (NYSE:TSM) just delivered the two most consequential earnings reports in AI hardware. NVIDIA closed fiscal 2026 with a 73.21% revenue surge, while TSMC, the foundry that physically builds those chips, posted 35.1% growth.
One designs the architecture. The other turns it into silicon. Their results show how AI dollars are splitting along the value chain.
Blackwell Networking Surges. 3nm Wafers Carry Taiwan.
NVIDIA’s Data Center segment hit $62.31 billion, but the wild card was networking, which jumped 263% year over year as NVLink fabric ramped for GB200 and GB300 systems. Jensen Huang framed the moment bluntly: “Computing demand is growing…