Nvidia's stock price, currently at $184, has dropped 12.5% from its 2025 peak but may rebound due to strong financial results from its manufacturer, TSMC. TSMC's revenue surged 20% to $33 billion, indicating robust AI spending and suggesting Nvidia's continued business growth. Nvidia's earnings are expected to exceed estimates, with fourth-quarter revenue projected at $65.2 billion, a 66% increase from the previous year. Technical analysis shows Nvidia forming a bullish pennant pattern, suggesting potential gains. The stock remains above key indicators, with a possible breakout targeting $212, 15% above current levels. A move below $162 could negate this outlook. Nvidia's growth momentum, driven by AI demand, positions it for a strong performance in 2026.