FeesSafety
Pluang+

TSMC's October revenue jumps 59.7% YoY on strong chip demand, boosting growth outlook.

Company Fundamentals
10 Nov 2026, 07:42 WIB
CNBC
View Source
Bullish
TSMC's October revenue jumps 59.7% YoY on strong chip demand, boosting growth outlook.

TSMC reported October revenue of NT$586.89 billion ($17.88 billion), up 59.7% from a year earlier and 14.7% from the previous month, driven by strong demand for advanced semiconductors amid AI investments. The company posted a record Q3 net profit and expects higher capital spending through 2028 to meet customer demand. Taiwan's exports also surged 58.9% in October, supported by a 61.4% rise in electronic components exports. TSMC's strong performance highlights continued growth in the semiconductor sector and its key role in the global tech supply chain.

TSMC holds a market cap of $1.67 trillion on Pluang as of Nov 10, 2026, 13:01 WIB, reflecting its dominant position in the semiconductor industry. The stock price stands at USD 396.03, up 1.91% on the day, while trading volume reached 23,765,177 shares. Despite recent strong sales growth, Pluang investors show a balanced sentiment with 58% selling and 42% buying activity, and a dividend yield of 1.08%.

More News (TSM)

TSMC considers making advanced 3D DRAM memory for NVIDIA amid AI chip demand surge

TSMC considers making advanced 3D DRAM memory for NVIDIA amid AI chip demand surge

Taiwan Semiconductor Manufacturing Company (TSMC) is reportedly exploring entry into advanced memory production, specifically vertically stacked 3D DRAM, following a request from its major customer NVIDIA. This move targets the highly profitable AI s...

Market News
Bullish
18 hours ago
TSMC remains a top long-term growth pick despite recent sector volatility and political uncertainty.

TSMC remains a top long-term growth pick despite recent sector volatility and political uncertainty.

Taiwan Semiconductor Manufacturing Company (TSMC) is seen as a strong long-term investment despite recent declines caused by AI-related sector volatility and political changes. Its leadership in advanced chip technology, including innovations like N2...

Analyst Insights
Bullish
18 hours ago
TSMC shares jump 6% on report it may start making memory chips for Nvidia.

TSMC shares jump 6% on report it may start making memory chips for Nvidia.

Shares of Taiwan Semiconductor Manufacturing Company (TSMC) rose 6.26% after reports that it might begin producing vertically stacked DRAM memory chips for Nvidia, its top customer. Neither company has confirmed the plans, and TSMC has not announced ...

Market News
Bullish
2 days ago
TSMC, key AI chip manufacturer, trades at a discount despite strong growth and high demand.

TSMC, key AI chip manufacturer, trades at a discount despite strong growth and high demand.

Taiwan Semiconductor Manufacturing Company (TSMC), the main manufacturer behind AI chips for companies like Nvidia and Broadcom, is currently trading at a lower valuation compared to its customers despite strong revenue growth and high demand. TSMC r...

Market News
Bullish
3 days ago
Semiconductor stocks plunge over 11% despite strong AI-driven fundamentals, signaling a potential buying opportunity.

Semiconductor stocks plunge over 11% despite strong AI-driven fundamentals, signaling a potential buying opportunity.

Semiconductor companies like Nvidia, AMD, and TSM saw a sharp sell-off, with the SMH ETF dropping more than 11% in one day. This decline comes despite these companies generating strong free cash flow and playing a critical role in AI computing and ag...

Bullish
3 days ago
banner-footerbanner-footer

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