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TSM rises on strong October sales, new AI investments, and chip-sector rebound

Investivoq PriceTracker

Taiwan Semiconductor Manufacturing (TSM) is up 4.5% today. Here is some analysis on what might have caused this price movement. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1046179/000104617926000796/tsm-revenue20261110.htm?utm_source=openai))

Analysis: The move appears tied to a mix of company-specific and sector-wide factors. Investors were digesting a sharp October revenue increase, fresh board approval for major investments tied to the AI ecosystem, and a broader rebound in AI and semiconductor stocks. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1046179/000104617926000796/tsm-revenue20261110.htm?utm_source=openai))

Details:

  • TSMC said October 2026 revenue reached about NT$586.89 billion, up 14.7% from September and 59.7% from a year earlier, reinforcing the view that advanced-chip demand remains strong. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1046179/000104617926000796/tsm-revenue20261110.htm?utm_source=openai))
  • The board approved investments of up to $500 million in Anthropic common shares at the IPO price and up to $500 million in OpenAI preferred stock, signaling a deeper push into the AI value chain beyond manufacturing. ([pr.tsmc.com](https://pr.tsmc.com/system/files/newspdf/attachment/e73b9718f349a8a70ead8f010f6114b2d277436b/1110%20board%20meeting%20%28C%29_final_wmn.pdf?utm_source=openai))
  • TSMC also approved up to $500 million to establish an investment company for strategic semiconductor-ecosystem investments, alongside about $40.93 billion in capital appropriations for advanced manufacturing, packaging, plant construction, and 2027 R&D. ([pr.tsmc.com](https://pr.tsmc.com/system/files/newspdf/attachment/e05987700f76438755c64d950b3b0b99369aeed2/1110%20board%20meeting%20%28E%29_final_wmn.pdf?utm_source=openai))
  • Market sentiment likely added fuel: AI-related stocks were rebounding on November 11, which helped lift semiconductor names more broadly. ([apnews.com](https://apnews.com/article/297d040c83844a9563327340b370c24e?utm_source=openai))

    • Sources:

    TSMC, SEC, Associated Press

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $TSM Insider Trading Activity

    TSM Insider Trades

    $TSM insiders have traded $TSM stock on the open market 220 times in the past 6 months. Of those trades, 218 have been purchases and 2 have been sales.

    Here’s a breakdown of recent trading of $TSM stock by insiders over the last 6 months:

    • TZU-SOU CHUANG (VP) has made 6 purchases buying 279 shares for an estimated $21,007 and 1 sale selling 200,000 shares for an estimated $13,966,000.
    • BOR-ZEN TIEN (VP) has made 27 purchases buying 10,331 shares for an estimated $768,858 and 0 sales.
    • LIPEN YUAN (VP) has made 12 purchases buying 5,598 shares for an estimated $418,630 and 0 sales.
    • SHYUE-SHYH LIN (VP) has made 11 purchases buying 5,272 shares for an estimated $382,612 and 0 sales.
    • MICHAEL R SPLINTER purchased 840 shares for an estimated $299,880
    • SHU-HUA FANG (SVP and GC) has made 8 purchases buying 2,333 shares for an estimated $179,240 and 0 sales.
    • CHE-CHIA WEI (Chairman and CEO) has made 6 purchases buying 896 shares for an estimated $67,444 and 0 sales.
    • YUH-JIER MII (EVP and Co-COO) has made 6 purchases buying 424 shares for an estimated $31,916 and 0 sales.
    • YUNG-PEI CHIN (EVP and Co-COO) has made 6 purchases buying 423 shares for an estimated $31,837 and 0 sales.
    • YUNG-CHIN HOU (SVP and Deputy Co-COO) has made 6 purchases buying 371 shares for an estimated $27,928 and 0 sales.
    • KEVIN XIAOQIANG ZHANG (SVP and Deputy Co-COO) has made 6 purchases buying 371 shares for an estimated $27,919 and 0 sales.
    • SHIEN-YANG WU (SVP) has made 6 purchases buying 337 shares for an estimated $25,359 and 0 sales.
    • CHOH FEI YEAP (SVP) has made 6 purchases buying 328 shares for an estimated $24,681 and 0 sales.
    • MIN CAO (VP) has made 6 purchases buying 327 shares for an estimated $24,608 and 0 sales.
    • YING-LANG WANG (SVP) has made 6 purchases buying 326 shares for an estimated $24,540 and 0 sales.
    • KUO-CHIN HSU (VP) has made 6 purchases buying 322 shares for an estimated $24,238 and 0 sales.
    • TZONZ-SHENG CHANG (SVP) has made 6 purchases buying 318 shares for an estimated $23,936 and 0 sales.
    • CHUE-SAN YOO (VP) has made 6 purchases buying 312 shares for an estimated $23,490 and 0 sales.
    • CHUN-HSIEN LEE (SVP) has made 6 purchases buying 312 shares for an estimated $23,484 and 0 sales.
    • LEE-CHUNG LU (VP) has made 6 purchases buying 306 shares for an estimated $23,031 and 0 sales.
    • JUIPING CHUANG (VP) has made 6 purchases buying 292 shares for an estimated $21,980 and 0 sales.
    • SYUN-MING JANG (VP) has made 6 purchases buying 292 shares for an estimated $21,972 and 0 sales.
    • CHIH-HO CHEN (Controller) has made 7 purchases buying 242 shares for an estimated $18,182 and 1 sale selling 50 shares for an estimated $3,761.
    • CHRIS HORNG-DAR LIN (VP and CIO) has made 6 purchases buying 284 shares for an estimated $21,364 and 0 sales.
    • YAO-CHING KU (VP) has made 6 purchases buying 282 shares for an estimated $21,235 and 0 sales.
    • JUN HE (VP) has made 6 purchases buying 273 shares for an estimated $20,549 and 0 sales.
    • PEI-HUNG CHEN (VP) has made 6 purchases buying 273 shares for an estimated $20,542 and 0 sales.
    • YUAN-KO HWANG (VP) has made 6 purchases buying 240 shares for an estimated $18,072 and 0 sales.
    • YI-HUANG WU (VP) has made 6 purchases buying 240 shares for an estimated $18,069 and 0 sales.
    • CHIN-SHENG LU (VP) has made 6 purchases buying 227 shares for an estimated $17,080 and 0 sales.
    • JEN-CHAU HUANG (SVP and CFO) has made 6 purchases buying 175 shares for an estimated $13,175 and 0 sales.
    • YUNG-HAW LIAW (VP) has made 2 purchases buying 96 shares for an estimated $7,326 and 0 sales.

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $TSM Hedge Fund Activity

    We have seen 1,745 institutional investors add shares of $TSM stock to their portfolio, and 1,555 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • JPMORGAN CHASE & CO added 23,829,286 shares (+inf%) to their portfolio in Q2 2026, for an estimated $11,380,152,115
    • GOLDMAN SACHS GROUP INC added 6,723,739 shares (+71.5%) to their portfolio in Q2 2026, for an estimated $3,211,056,034
    • FMR LLC added 6,432,682 shares (+10.9%) to their portfolio in Q3 2026, for an estimated $2,934,525,201
    • PRICE T ROWE ASSOCIATES INC /MD/ added 3,160,741 shares (+38.7%) to their portfolio in Q2 2026, for an estimated $1,509,475,079
    • SANDS CAPITAL MANAGEMENT, LLC removed 2,900,735 shares (-42.5%) from their portfolio in Q2 2026, for an estimated $1,385,304,013
    • UBS GROUP AG removed 2,381,001 shares (-24.9%) from their portfolio in Q3 2026, for an estimated $1,086,188,846
    • CANTILLON CAPITAL MANAGEMENT LLC removed 2,378,731 shares (-95.4%) from their portfolio in Q2 2026, for an estimated $1,136,010,563

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $TSM Congressional Stock Trading

    Members of Congress have traded $TSM stock 4 times in the past 6 months. Of those trades, 4 have been purchases and 0 have been sales.

    Here’s a breakdown of recent trading of $TSM stock by members of Congress over the last 6 months:

    • REPRESENTATIVE CLEO FIELDS has traded it 2 times. They made 2 purchases worth up to $30,000 on 10/09, 07/10 and 0 sales.
    • REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 09/22.
    • REPRESENTATIVE RICK W. ALLEN purchased up to $15,000 on 08/12.

    To track congressional stock trading, check out Investivoq's congressional trading dashboard. You can access data on congressional stock trades through the Investivoq API Congress trades endpoint.

    $TSM Price Targets

    Multiple analysts have issued price targets for $TSM recently. We have seen 2 analysts offer price targets for $TSM in the last 6 months, with a median target of $582.5.

    Here are some recent targets:

    • An analyst from B of A Securities set a target price of $590.0 on 06/24/2026
    • Mehdi Hosseini from Susquehanna set a target price of $575.0 on 06/22/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.