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As all eyes focus on Nvidia's earnings, its main supplier is set to cash in if results are strong

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Stock Markets,NVIDIA Corp,Taiwan Semiconductor Manufacturing Co Ltd

An even better trading opportunity may come in Taiwan Semiconductor Manufacturing Company.

Nvidia is not the only stock that could cash in big on its earnings when results are reported Wednesday after the bell, according to Morgan Stanley. Its supplier Taiwan Semiconductor Manufacturing Company could get a boost if Nvidia's latest quarter, as well as its forward guidance, continue to suggest a strong outlook for chips that power artificial intelligence applications, analysts led by Charlie Chan wrote Sunday.

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