Taiwan Semiconductor Manufacturing stock gains 2.96 percent on Texas plans

Published on 10/03/2026 at 21:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Taiwan Semiconductor Manufacturing stock was last at USD 472.78 on October 2, 2026, near its 52-week high. TSMC guides for Q3 revenue of USD 44.6 billion to USD 45.8 billion.

TSM, US8740391003, Illustration mit AI erstellt.

Taiwan Semiconductor Manufacturing stock (ISIN US8740391003) was last at USD 472.78 on the NYSE on October 2, 2026, up 2.96 percent from the prior close. The move followed reports that TSMC is weighing a multibillion-dollar chipmaking campus in Texas, adding a fresh expansion angle before its next results.

Texas plans raise capacity questions

As Yahoo Finance reported on October 1, 2026, the proposed Texas project would be separate from TSMC's USD 265 billion Arizona commitment. The report said the planning remains at an early stage, while each potential fabrication plant could require at least USD 20 billion.

That scale creates a clear tradeoff for the foundry. More US capacity could serve AI-chip customers and strengthen geographic diversification, but additional fabs also increase execution, spending and utilization demands before returns are visible.

Q3 guidance sets the next test

According to TokenPost on September 30, 2026, TSMC guided for Q3 2026 revenue of USD 44.6 billion to USD 45.8 billion, gross margin of 65 percent to 67 percent and operating margin of 56 percent to 58 percent. The company is scheduled to release its Q3 results on October 15, 2026.

The same report said Q2 2026 revenue reached USD 40.20 billion, up 33.7 percent year over year and 12 percent quarter over quarter. Q2 gross margin was 67.7 percent, leaving the next report to show whether the 2-nanometer ramp and AI demand can support growth while margins move against the guided range.

Stock stays near yearly high

TSM's last price of USD 472.78 on October 2, 2026, was 1.30 percent below its 52-week high of USD 479.00 and above its 52-week low of USD 266.82. Trading volume reached 9,722,477 shares, while market capitalization stood at USD 2.5 trillion.

For investors, the October 15 report now links two measurable questions: whether revenue can reach the USD 44.6 billion to USD 45.8 billion guide and whether the Texas discussion changes the long-term capital-spending profile. The current valuation leaves execution and margin delivery central to the stock's next move.