TSMC, ASML kick off semiconductor earnings
Semiconductor leaders TSMC and ASML report this week while Goldman Sachs and JPMorgan lead a heavy bank calendar, setting up a packed week for equities.
Mateo Fernandez ·
TSMC and ASML begin reporting this week as a wave of financial results, led by Goldman Sachs and JPMorgan, follows; equities are likely to be sensitive to revenue and guidance beats or misses. Market reaction is pending ahead of the first releases.
TSMC and ASML earnings
The semiconductor reports will set early tone for chip suppliers and capital-equipment makers. The companies are due to report their latest quarter and commentary on demand trends, which investors will read for signs of inventory normalization or renewed customer spending.
Banks will dominate later in the calendar. Goldman Sachs and JPMorgan are scheduled to publish results that investors use to gauge loan loss provisions, trading revenues and underwriting activity; that flow of data typically changes sector allocation among financials in equity portfolios.
Analysts will parse any guidance or forward-looking commentary for signals on corporate IT spending and capital expenditure plans. Data on order books, capacity utilization and customer segments will move chip-equipment suppliers if commentary points to either inventory drawdown or restocking.
Expect the market to price in earnings news across both sectors into the week ahead; volatility could concentrate around individual reports. Watch headlines and quarter-to-quarter guidance through July 17, 2026 for the largest intraday moves.