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TSMC reports 41.2% revenue growth in Q3 and expects 58% growth in Q4 with strong margins.

Analyst Insights
13 Nov 2026, 03:44 WIB
Seeking Alpha
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Bullish
TSMC reports 41.2% revenue growth in Q3 and expects 58% growth in Q4 with strong margins.

Taiwan Semiconductor Manufacturing Company (TSMC) posted a strong Q3 with revenues up 41.2% year-over-year, driven by high adoption of advanced semiconductor processes. The company forecasts an even stronger Q4, projecting 58% revenue growth and further margin expansion, supported by October sales rising 59.7% year-over-year. Despite recent market volatility and regulatory concerns, TSMC's forward price-to-earnings ratio remains attractive at 23, with a forward PEG ratio of 0.54, offering investors a compelling risk/reward profile. The analyst reiterates a buy rating based on TSMC's robust fundamentals and growth prospects.

TSMC holds a market capitalization of $1.88 trillion on Pluang as of Nov 13, 2026, 08:51 WIB, with a dividend yield of 1.09%. Despite the article's optimistic outlook on revenue growth and margins, TSMC's stock price on Pluang is slightly down by 0.63% for the day at USD 410.76. Trading volume stands at 14,230,560 shares, indicating active investor interest amid the company's strong fundamentals.

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