Bullish
TSMC's stock price rose 1.6% to $452, driven by strong AI-chip demand.
In the past 24 hours, TSMC's stock price increased by 1.6% to $452, bolstered by robust demand for AI chips. Analysts have raised earnings forecasts, and the company is investing in advanced packaging to meet this demand.
Key points
- Analysts raised earnings forecasts, with Erste Group Bank increasing its FY2026 EPS estimate to $16.78 from $16.72.
- TSMC is investing in advanced packaging to meet demand from Nvidia and other chip designers.
- Gross margin reportedly increased to 68%, indicating improved profitability.
- Capital expenditure rose to $15.59 billion, with management expecting gross margin to moderate to 66% as 2-nanometer production ramps up.
Sources
- Taiwan Semiconductor Manufacturing (NYSE:TSM) Shares Up 1.6% - Here's WhyMarketBeat · September 22, 2026
- TSMC stock target raised at Bernstein on more CoWoSInvesting.com · September 12, 2025
- TSMC stock maintained at buy by Aletheia on AI demand outlookInvesting.com · April 17, 2026
- TSMC's second-quarter profit seen hitting record on AI boomfinwire.io · July 15, 2026
AI-generated from public news sources. Not financial advice.
