Bullish
TSMC's stock rises 1.52% to $452 amid record profit and increased capital spending.
In the latest quarter, TSMC reported a record profit, leading to a 1.52% increase in its stock price to $452. The company also announced a significant rise in capital expenditures to meet growing demand for AI chips.
Key points
- TSMC's quarterly capital expenditure surged to $15.59 billion, a 42% increase from the previous quarter, indicating strong investment in future growth.
- The company reported a 53.3% year-over-year increase in August revenue, signaling robust demand for its products.
- TSMC's stock price closed at $452, with an intraday high of $452.75 and a low of $436.66, reflecting market stability.
Sources
- TSMC Spent $15.59 Billion on CapEx in a Single Quarter, 42% More Than the Quarter Before. Here’s What It Means For the Stock.Yahoo Finance · September 22, 2026
- TSMC Gains as Packaging Moves Closer to Its SuppliersYahoo Finance · September 22, 2026
- TSMC Stock Drops 4.1% as $2 Trillion AI Rout SpreadsGuruFocus · July 29, 2026
- TSMC lifts revenue forecast, pledges more capital spending to meet AI chip demandReuters · April 16, 2026
AI-generated from public news sources. Not financial advice.
