FeesSafety
Pluang+

TSMC beats earnings amid AI demand but shares drop 11%; key is revenue growth outpacing capex.

Analyst Insights
05 Nov 2026, 15:33 WIB
24/7 Wall Street
View Source
Bullish
TSMC beats earnings amid AI demand but shares drop 11%; key is revenue growth outpacing capex.

TSMC reported its third consecutive earnings beat with Q3 EPS at $4.60 and revenue up 41.2%, driven by strong AI demand. Despite a nearly 11% share price drop in the past month, analysts remain bullish, citing potential 27% upside if revenue growth outpaces rising capital expenditures. The company is ramping up 2nm technology and expects AI-related revenue growth to continue, but risks include margin dilution and geopolitical tensions. The stock is rated a buy with a $516 price target, hinging on execution of growth and margin guidance.

TSMC's AI opportunity is expanding, here is Pluang's Technology sector market snapshot as of Nov 05, 2026 19:32 WIB: Out of 150 priced US tech stocks, 50 rose and 95 fell. Notable movers include UMC at USD 14.50 with a 1-day change of -9.71% and a Pluang order activity of 72% Sell / 28% Buy, HUBS at USD 198.50 down 8.28%, and ASX at USD 34.47 down 8.10% with a near-even buy/sell split. Typical hold times range from 44 to 80 days.

More News

Shell buys back over 1.8 million shares as part of its ongoing repurchase program.

Shell buys back over 1.8 million shares as part of its ongoing repurchase program.

On November 4, 2026, Shell plc repurchased a total of 1,876,276 shares across multiple trading venues including LSE, Chi-X, BATS, XAMS, CBOE, and TQEX. The shares were bought at prices ranging from £37.98 to £38.82 and €45.70 to €46.72, with an avera...

Company Fundamentals
Neutral
1 hour ago
Dune completes SOC 2 Type II, boosting trust as tokenized assets hit $32.6B amid growing institutional blockchain use.

Dune completes SOC 2 Type II, boosting trust as tokenized assets hit $32.6B amid growing institutional blockchain use.

Dune has completed a SOC 2 Type II examination with no exceptions, providing institutional clients with verified assurance of its data security standards. This milestone comes as tokenized real-world assets doubled to $32.6 billion and stablecoin mar...

Market News
Bullish
1 hour ago
Northern Discovery Metals completes acquisition of Cibola copper-gold project in British Columbia.

Northern Discovery Metals completes acquisition of Cibola copper-gold project in British Columbia.

Northern Discovery Metals has finalized the acquisition of a 100% interest in the Cibola copper-gold project in British Columbia from Orogen Royalties. The project covers about 3,567 hectares near Houston, BC, in a region known for porphyry copper de...

Company Fundamentals
Bullish
1 hour ago
Opus Genetics completes dosing in Phase 1/2 trial for gene therapy targeting inherited retinal diseases

Opus Genetics completes dosing in Phase 1/2 trial for gene therapy targeting inherited retinal diseases

Opus Genetics has finished dosing the higher-dose Cohort 2 in its Phase 1/2 trial of OPGx-BEST1, a gene therapy for BEST1-related inherited retinal diseases like Best vitelliform macular dystrophy and autosomal recessive bestrophinopathy. Cohort 2 en...

Market News
Bullish
2 hours ago
Perimeter Group reports Q3 2026 net income of $304.5M, driven by strong sales and acquisitions.

Perimeter Group reports Q3 2026 net income of $304.5M, driven by strong sales and acquisitions.

Perimeter Group Inc. announced a net income of $304.5 million for Q3 2026, reversing a prior year loss of $90.7 million, with net sales up 24% to $389.9 million. Growth was driven by a 14% increase in Fire Safety sales and an 84% surge in Specialty P...

Company Fundamentals
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App