Events · who it helps and who it hurts

TSMC monthly revenue

Taiwan's TSMC, which manufactures the chips for Nvidia, Apple and AMD, reports its monthly sales.

Not on our calendar

The reads below are for when TSMC's sales beat expectations. Expect the opposite when TSMC's sales miss expectations.

Sectors

TechnologyUsually helpsThis is the earliest read on demand for chips and hardware; the companies that design chips learn their own sales from it.

Communication ServicesUsually helpsA read on how much the big cloud companies are spending on AI.

Basic MaterialsLittle effectLittle direct link.

Consumer CyclicalLittle effectLittle direct link.

Consumer DefensiveLittle effectLittle direct link.

EnergyLittle effectLittle direct link.

Financial ServicesLittle effectLittle direct link.

HealthcareLittle effectLittle direct link.

IndustrialsLittle effectLittle direct link.

Real EstateLittle effectLittle direct link.

UtilitiesLittle effectLittle direct link.

Where each sector’s relative strength sits this week is on the rotation board.

Semiconductor Equipment & MaterialsUsually helpsTSMC's sales pay for its next round of chip-making machines.

Computer HardwareUsually helpsServer and AI-accelerator chips are made there.

Consumer ElectronicsUsually helpsApple's chips are made there.