Nvidia Earnings Could Create New Entry Points in These 8 Chip Stocks | Investing.com

• Nvidia’s earnings are expected tomorrow, Wednesday, August 26
• A surprise could impact the entire semiconductor sector
• Which chip stocks should you watch ahead of this key event?

NVIDIA () will report its fiscal second-quarter 2027 results after the market closes on Wednesday, August 26, in what is shaping up to be one of the most closely watched earnings events of the year on Wall Street.

Management expects quarterly revenue of $91 billion, plus or minus 2%, while analysts are slightly more optimistic, with consensus revenue of $92.07 billion. Adjusted EPS is expected at $2.09, nearly double the $1.05 reported a year earlier, implying annual growth of around 95%.

Investors will also be focused on guidance for the following quarter, with current expectations pointing to revenue of roughly $102 billion to $103 billion.

Beyond the headline numbers, the key issues will be the rollout of Nvidia’s Blackwell platform and management’s comments on demand from hyperscalers. The stakes are particularly high after the stock’s recent pullback, making this report a potential catalyst for the entire AI semiconductor sector.

A significant earnings beat could reignite enthusiasm across chip stocks, while a disappointment could trigger another sector-wide selloff and potentially create more attractive entry points.

8 Chip Stocks to Watch Ahead of Nvidia’s Earnings

We therefore turned to the Investing.com screener to identify the top picks in the U.S. semiconductor and AI infrastructure industries, based on the following criteria:

• Market capitalization greater than $10 billion
• Average analyst rating of “Buy” or “Strong Buy”
• Upside potential of more than 25% based on the average analyst price target
• Positive potential based on Fair Value

This search allowed us to identify 8 stocks:

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Specifically, these US chip stocks show upside potential ranging from 6.3% to 24.7% based on Fair Value and from 26.2% to 63.2% based on analyst consensus.

Among them are:

• GlobalFoundries (), which could emerge as a beneficiary of renewed AI infrastructure spending, particularly through its exposure to communications infrastructure and data centers. The segment grew 62% year over year in the second quarter, driven by demand for silicon photonics used in AI optical networks. Overall revenue rose 6% to $1.79 billion, exceeding the top end of management’s guidance, while non-IFRS EPS reached $0.46. The company expects third-quarter revenue of $1.89 billion, while a memorandum of understanding with the U.S. Department of Commerce includes $300 million in funding for silicon photonics.
• Credo Technology () is a more direct play on optical connectivity for AI data centers, making its growth closely tied to the same infrastructure spending cycle reflected in Nvidia’s results. Revenue nearly tripled to $1.34 billion in fiscal 2026, including fourth-quarter revenue of $437 million, up 157% year over year. Management expects growth of more than 80% in fiscal 2027, supported in part by the acquisition of DustPhotonics. The next major catalyst is the company’s fiscal first-quarter 2027 results, due September 1, just days after Nvidia’s earnings.

However, many other stocks on the list offer more attractive profiles, particularly in terms of valuation.

Disclaimer: This article is written for informational purposes only. It is not intended to encourage the purchase of any assets and does not constitute an offer, solicitation, recommendation, or advice to invest. I would like to remind you that all assets are evaluated from multiple perspectives and are highly risky; therefore, any investment decision and the associated risk are the sole responsibility of the investor. Additionally, we do not provide any investment advisory services.