TSMC stock rises 2.60 percent as Terafab talks emerge
Published on 10/05/2026 at 09:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
TSMC stock (ISIN TW0002330008) was trading at TWD 2,565.00 on the Taiwan Stock Exchange on October 5, 2026, at 9:15 a.m. GMT+8, up 2.60 percent. A Ticker Report item dated October 4, 2026, said Taiwan Semiconductor Manufacturing was discussing cooperation with Elon Musk's Terafab semiconductor project.
Terafab talks add a new U.S. angle
The reported discussions concern advanced semiconductor production in Texas and could connect TSMC's manufacturing expertise with a new customer-backed project. The same report described possible cooperation on factory operations, technology and production planning, but did not establish a final agreement.
The Texas angle matters because TSMC is already expanding its U.S. manufacturing base. Its foundry model makes the company a direct supplier to chip designers, while additional U.S. capacity could broaden its customer access and increase capital requirements.
Q2 revenue reached TWD 1,270.3 billion
TSMC generated TWD 1,270.3 billion of consolidated revenue in the second quarter of 2026, up 36.0 percent from the same quarter a year earlier, according to the Taiwan at the Core report. The quarterly revenue also increased 12.0 percent from the first quarter, giving the stock a current operating comparison beyond its daily price move.
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. The same report said TSMC raised its full-year 2026 revenue-growth target to slightly above 40 percent and its capital-spending plan to USD 60 billion to USD 64 billion.
Analysts set a higher earnings bar
August revenue reached TWD 514.81 billion, up 53.3 percent year over year, as reported by MarketBeat on September 11, 2026. That monthly increase exceeded the second-quarter growth rate and raises the comparison base for the October results release.
Markets Insider reported on October 2, 2026, that TipRanks showed a Strong Buy consensus based on seven Buys and one Hold, with an average price target of USD 547.38. The same report put adjusted third-quarter EPS expectations at USD 4.40, up 54 percent from USD 2.84 a year earlier, and revenue expectations at USD 45.30 billion, up 37 percent.
TSMC stock trades higher on October 5
TSMC stock was trading at TWD 2,565.00 on the Taiwan Stock Exchange on October 5, 2026, at 9:15 a.m. GMT+8, with a daily gain of 2.60 percent. The next reported checkpoint is October 15, when TSMC is scheduled to publish third-quarter results and its fourth-quarter outlook.
TSMC stock key facts
- Company: Taiwan Semiconductor Manufacturing Company Limited
- ISIN: TW0002330008
- Ticker: 2330
- Trading venue: Taiwan Stock Exchange
- Price (as of October 5, 2026, 9:15 a.m. GMT+8): TWD 2,565.00
- Sector / Industry: Technology / Semiconductors
Upcoming dates for TSMC stock
- October 15, 2026: Third-quarter results and fourth-quarter outlook
