TSMC posts profit: Taiwan Semiconductor Manufacturing stock sits 13.79 percent below 52-week high

Published on 10/20/2026 at 10:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit reached NT$763.06 billion on October 15, 2026. Taiwan Semiconductor Manufacturing stock was EUR 372.00 on Tradegate October 20, 2026.

Profit and valuation context

Third-quarter net income reached NT$763.06 billion on October 15, 2026.
Fourth-quarter revenue guidance spans USD 52.3 billion to USD 54.3 billion.
Taiwan Semiconductor Manufacturing stock stood at EUR 372.00 at 9:17 a.m. CEST on Tradegate on October 20, 2026.
Bank of America raised its target to USD 620 on October 12, 2026.

TSM, US8740391003, Illustration mit AI erstellt.

Taiwan Semiconductor Manufacturing Company Limited (US8740391003) reported third-quarter net income of NT$763.06 billion on October 15, 2026, while its stock stood at EUR 372.00 on Tradegate at 9:17 a.m. CEST on October 20, 2026. Reuters reported that the result beat the NT$746.3 billion LSEG SmartEstimate and marked a sixth consecutive quarterly record.

Record profit meets higher guidance

TSMC generated third-quarter revenue of NT$1,494.24 billion, up 50.9 percent from the year-earlier period, while net income increased 68.7 percent. According to Reuters, quarterly profit exceeded the market estimate as demand for artificial-intelligence processors continued to support advanced-chip production.

The company guided for fourth-quarter revenue of USD 52.3 billion to USD 54.3 billion. The midpoint implies 58 percent year-over-year growth, while third-quarter operating margin reached 58.7 percent, above the upper end of the prior guidance range.

What does the margin mean?

The earnings mix is strong, but the transition to newer production nodes raises the cost question. TSMC's third-quarter gross margin was 66.4 percent, down from 67.7 percent in the second quarter, as the 2-nanometer ramp diluted profitability. The earnings-call transcript says revenue rose 16.2 percent sequentially in U.S. dollar terms to USD 46.7 billion, while management pointed to continued demand for leading-edge processes.

Three events shape the timeline

On July 16, 2026, TSMC reported second-quarter revenue of NT$1,270.38 billion and net income of NT$706.56 billion. On October 8, 2026, September revenue helped lift third-quarter sales to a record NT$1,494.24 billion, according to TrendForce. On October 15, 2026, the company reported the record third-quarter profit and issued its fourth-quarter revenue outlook.

Analyst targets remain elevated

Bank of America analyst Haas Liu raised his target from USD 590 to USD 620 on October 12, 2026, and retained a Buy rating, as Business Insider reported. The target points to the upside analysts see in high-performance computing demand, but margin dilution and expanding fabrication capacity remain measurable counterweights.

The next scheduled reporting date is January 21, 2027, according to FN2.

Stock valuation remains the counterpoint

Taiwan Semiconductor Manufacturing stock was EUR 372.00 on Tradegate at 9:17 a.m. CEST on October 20, 2026. The NYSE-listed shares were last quoted at USD 420.22 on October 19, 2026, against a 52-week range of USD 266.82 to USD 487.47. The high-end comparison places the U.S. share price 13.79 percent below its 52-week high.

The further course of trading is shown by the continuously updated real-time quote of Taiwan Semiconductor Manufacturing stock.