Taiwan Semiconductor Manufacturing stock heads into October 15 results

Published on 10/07/2026 at 09:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Taiwan Semiconductor Manufacturing stock enters October 15 with Q2 revenue of USD 40.20 billion and August sales up 53.3 percent year over year. Barclays lifted its target to USD 665.

TSM, US8740391003, Illustration mit AI erstellt.

Taiwan Semiconductor Manufacturing stock (ISIN US8740391003) closed at USD 480.32 on the NYSE on October 6, 2026, 1.5 percent below its 52-week high of USD 487.47. The next earnings update is scheduled for October 15, giving the market a fresh test of the chipmaker's AI-driven growth outlook.

Revenue sets a high bar

TSMC's second-quarter revenue reached USD 40.20 billion, up 36.0 percent from a year earlier, while adjusted earnings per ADR stood at USD 4.31. 247 Wall St. reported that high-performance computing represented 66 percent of second-quarter revenue and increased 20 percent from the prior quarter.

Monthly sales have kept the setup firm. According to Yahoo Finance on October 6, 2026, July revenue was NT$467.58 billion, up 44.7 percent year over year, and August revenue rose to NT$514.81 billion, up 53.3 percent. The two months produced NT$982.39 billion before September's sales release.

Margins meet the expansion test

Management's third-quarter guidance calls for 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, according to Yahoo Finance. The gross-margin range sits below the second-quarter result of 67.7 percent, making the 2nm production ramp a central operating checkpoint.

The same report said TSMC raised its 2026 revenue-growth outlook to slightly above 40 percent in U.S. dollar terms and announced an additional USD 100 billion investment in Arizona. That expansion supports capacity, but the margin comparison shows why the October results matter beyond headline revenue growth.

Analysts raise their targets

Barclays raised its price target from USD 650 to USD 665 while maintaining an Overweight rating, MarketBeat reported on October 6, 2026. The higher target is 38.4 percent above the October 6 closing price.

MarketBeat's published consensus covers 17 analysts and carries a Buy rating with an average target of USD 524.89. That average target is 9.3 percent above the USD 480.32 reference price, while the stock's USD 266.82 to USD 487.47 52-week range places the close near its upper boundary.

TSM stock closes near its high

TSM stock closed at USD 480.32 on the NYSE on October 6, 2026, with a session range of USD 481.48 to USD 486.00 and volume of 8,328,553 shares. Market capitalization stood at USD 2.5 trillion on the same date.

Taiwan Semiconductor Manufacturing stock at a glance

Company: Taiwan Semiconductor Manufacturing Company Limited
ISIN: US8740391003
Ticker: TSM
Trading venue: NYSE
Price (as of October 6, 2026, 4:00 p.m. EDT): Closing price (October 6, 2026): USD 480.32
Market capitalization: USD 2.5 trillion (as of October 6, 2026)
52-week range: USD 266.82-487.47 (as of October 6, 2026)
Sector / Industry: Technology / Semiconductors