TSMC ADR Drops Over 2%; Investment Advisory Notes Weakened Buying Interest Ahead of Nvidia Earnings
Ahead of NVIDIA's earnings release, market caution led to a 2.08% drop in TSMC's American Depositary Receipts (ADR), contributing to a decline in the Taiwanese stock market. Investment analysts observe that after hitting a record high, the appetite for chasing further gains has diminished amid concerns of an overheated market, with all eyes now on NVIDIA's financial results.
📋 Article Processing Timeline
- 📰 Published: May 19, 2026 at 09:39
- 🔍 Collected: May 19, 2026 at 10:01 (22 min after Published)
- 🤖 AI Analyzed: May 19, 2026 at 10:05 (3 min after Collected)
(Central News Agency, reporter Chiang Ming-yen, Taipei, 19th) As U.S. stocks showed mixed results, TSMC's ADR (American Depositary Receipt) fell by 2.08%. The Taiwanese stock market (Taiex) on the 18th left a lower shadow of 721 points, closing down 280.54 points at 40,891.82. Investment advisory firms analyze that after the Taiex previously hit a new high, the willingness to chase prices has weakened, and noise about an overheated market has emerged. The focus will now be on Nvidia's earnings report. As investors interpreted complex signals from peace talks between the U.S. and Iran, Wall Street stocks were volatile today, with major indices mostly closing lower. The Dow Jones Industrial Average rose 159.95 points, or 0.32%; the S&P 500 slipped 5.45 points, or 0.07%; the Nasdaq Composite fell 134.41 points, or 0.51%; and the Philadelphia Semiconductor Index plunged 285.95 points, or 2.47%. Ahead of Nvidia's (NVIDIA) earnings announcement, its stock fell 1.33%. TSMC's ADR dropped 2.08%, and Micron tumbled over 6%. On the 18th, the Taiex left a 721-point lower shadow, closing down 280.54 points at 40,891.82, with a turnover of NT$1.025628 trillion. The three major institutional investors collectively sold a net of NT$43.45 billion in Taiwanese stocks. Among them, proprietary traders sold a net of NT$13.926 billion, investment trusts bought a net of NT$15.717 billion, and foreign and mainland Chinese investors sold a net of NT$45.241 billion. Investment advisors analyze that after the Taiex previously set a record high of 42,408 points, the index has been volatile, indicating a weakened willingness to chase prices. The market is beginning to show signs of overheating, with large fluctuations and a less stable supply-demand situation than imagined. The movement of TSMC's ADR will be a key indicator, along with Nvidia's earnings report. The Federal Reserve (Fed) is scheduled to hold a meeting in mid-June. (Editor: Yang Kai-hsiang) 1150519