Taiwan Semiconductor Manufacturing stock gains 2.42 percent ahead of earnings

Published on 10/05/2026 at 18:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Taiwan Semiconductor Manufacturing stock traded at USD 484.24 on October 5, 2026, up 2.42 percent. Q3 guidance points to USD 44.6 billion to USD 45.8 billion in revenue.

TSM, US8740391003, Illustration mit AI erstellt.

Taiwan Semiconductor Manufacturing stock (ISIN US8740391003) was trading at USD 484.24 on the NYSE on October 5, 2026, up 2.42 percent from the previous close. The next major checkpoint is the company's third-quarter report scheduled for October 15, with expectations centered on AI-chip demand, margins and capacity expansion.

Q3 guidance sets the test

According to TokenPost on September 30, 2026, TSMC guided for third-quarter revenue of USD 44.6 billion to USD 45.8 billion and a gross margin of 65 percent to 67 percent. Operating margin guidance stands at 56 percent to 58 percent, while full-year revenue growth is expected to exceed 40 percent in US-dollar terms.

The guidance follows second-quarter revenue of USD 40.20 billion, up 33.7 percent from the prior year and 12 percent from the previous quarter, according to TokenPost. Gross margin was 67.7 percent and operating margin was 60.3 percent in that period, giving investors a clear benchmark for the October report.

Expansion adds execution pressure

TrendForce reported on October 5, 2026, that TSMC has raised its 2026 capital expenditure guidance to USD 60 billion to USD 64 billion. The report also placed the company's planned Arizona investment at USD 265 billion, while potential Texas expansion could add another strategic commitment.

That investment cycle creates a measurable margin question. TrendForce reported that rising depreciation and startup costs from the 2-nanometer ramp and overseas fabs could test whether gross margin stays above 60 percent, even as third-quarter guidance remains at 65 percent to 67 percent.

Analysts see further upside

According to MarketBeat on October 5, 2026, the consensus rating is Buy across 17 analysts, with an average price target of USD 523.22 and recent targets ranging from USD 440.00 to USD 515.00. The average target lies 8.1 percent above the October 5 price of USD 484.24.

Markets Insider reported on October 2, 2026, that analysts expected adjusted third-quarter EPS of USD 4.40, up 54 percent from USD 2.84 a year earlier, alongside revenue of USD 45.30 billion. That forecast sits inside TSMC's revenue guidance range and makes the October 15 release a direct test of both demand and execution.

TSM stock reaches a new high

TSM stock was trading at USD 484.24 on the NYSE at 12:34 p.m. ET on October 5, 2026. The session range was USD 476.40 to USD 485.70, and the 52-week range was USD 266.82 to USD 485.73.