Taiwan Semiconductor Manufacturing stock fell 2.09 percent as sales rose 54.6 percent

Published on 10/08/2026 at 09:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Taiwan Semiconductor Manufacturing stock fell 2.09 percent to USD 472.20 at the October 7 close as September revenue rose 54.6 percent year over year. Q3 results are due October 15.

TSM, US8740391003, Illustration mit AI erstellt.

Taiwan Semiconductor Manufacturing Company Limited (ISIN US8740391003) stock fell 2.09 percent to USD 472.20 at the October 7, 2026 close on the NYSE. The move came as CNBC reported TSMC's September revenue on October 8, 2026.

September revenue surges 54.6 percent

September revenue reached TWD 511.86 billion, according to CNBC. The figure was 54.6 percent above September 2025 and 0.6 percent below August, giving investors a fresh operating signal before the full quarterly report.

The comparison matters because TSMC's advanced chip demand remains closely tied to artificial intelligence infrastructure. September revenue of USD 16.03 billion also keeps the company on a high-growth trajectory, while the month-on-month decline shows that annual growth and sequential momentum are not moving at the same pace.

Analysts see further upside

MarketBeat reports a Buy consensus from 16 analysts, including three Strong Buy ratings, 12 Buy ratings and one Hold rating. The average price target is USD 524.89, which lies 11.2 percent above the October 7 closing price of USD 472.20.

The consensus now faces a direct test from the next earnings release. MarketBeat says analysts expect third-quarter earnings of USD 4.42 per share and revenue of USD 45.3727 billion for the quarter, compared with USD 4.28 per share and USD 39.89 billion in the previous reported quarter.

Stock remains below yearly high

TSM stock's October 7 close stood below its 52-week high of USD 487.47 and above its 52-week low of USD 266.82. The current market capitalization is USD 2.4 trillion as of October 7, 2026, putting the valuation question alongside the revenue acceleration.

TSM stock closed at USD 472.20

At the October 7, 2026 close, Taiwan Semiconductor Manufacturing stock was USD 472.20 on the NYSE, down 2.09 percent for the session. The next earnings release on October 15 will provide the next quantified test of September's growth rate.