📊 NVIDIA, Demand is Strong, but is a TSMC Bill Coming? - 2026.07.24

Hi there! It's Carrot, here to break down the charts and sentiment data for you. NVIDIA closed at $208.63 yesterday, and the chart flow has entered a really interesting zone. Chip demand is still booming, but cost pressure issues are starting to creep in.

Chip demand is still on fire 🚀

First, let's look at the demand data. QumulusAI has signed a $32 million contract to secure Blackwell GPU capacity ^[1]. These are solid numbers proving that demand for next-gen chips remains strong.

Furthermore, CEO Jensen Huang recently dismissed concerns that demand for chips would decrease due to the Kimi AI model craze, predicting instead that NVIDIA chip sales would increase even further due to rising AI demand ^[2]. He also clearly demonstrated his will to expand the ecosystem, stating that China's excellent open-source models should be actively utilized ^[3].

But what if the cost bill arrives? 💸

Whoa, what we need to look at here is cost pressure. TSMC is reportedly pushing to raise semiconductor foundry prices by up to 10% starting in 2027 ^[5]. There is even news that they are considering an additional surcharge of up to 15% for excess orders ^[5]. For NVIDIA, defending margins will be a key point to watch going forward.

Additionally, there is analysis suggesting that big tech companies like Meta and NVIDIA are running low on cash as they borrow money to invest in the AI race ^[4]. Macro cash flow trends like this are bound to impact sentiment indicators.

Carrot's Chart View 🥕

Even with solid fundamental demand, I believe the cost increase issue could act as a psychological resistance level for the time being. As positive demand news and negative cost news clash, I expect an intense battle within a trading range for a while.

You know my rules, right? No all-in buying, no all-in selling, act only when support levels break! The key will be to carefully check supply and demand data to see how buying pressure holds up around $208.63 and what kind of volatility the big tech cash flow issues create in the charts.

📰 Reference News (4)

2

Jensen Huang: 'Kimi craze misinterpreted... NVIDIA chip sales will increase further' - Seoul Economic Daily

서울경제 · 2026.07.23

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3

Jensen Huang: 'Chinese AI models are excellent... We should use good open source' - Newsis

뉴시스 · 2026.07.23

📰 View original

4

Meta and NVIDIA 'debt-investing'... Betting on AI like a competition, Big Tech cash is drying up - Electronic Times

전자신문 · 2026.07.23

📰 View original

📺 Reference Videos (1)

5

YouTube

[Yeouido Tube] Apple and NVIDIA affected... Surcharges for excess orders / Money Today Broadcasting

▶MTN 머니투데이방송·2026.07.22