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Why Taiwan Semiconductor Manufacturing (TSM) Stock Is Up Today

Investivoq PriceTracker

Taiwan Semiconductor Manufacturing (TSM) is up 3.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is continued investor reaction to TSMC’s strong third-quarter results and upbeat outlook issued on October 15, 2026. The company delivered better-than-expected growth, raised its full-year revenue outlook, and pointed to very strong demand tied to leading-edge chips and AI workloads.

Details:

  • TSMC reported third-quarter 2026 revenue of NT$1.49 trillion, up 50.9% from a year earlier, while net income rose 68.7%.
  • In U.S. dollar terms, third-quarter revenue reached $46.72 billion, and management said results were driven by strong demand for leading-edge process technologies.
  • Management now expects full-year 2026 revenue growth of about 44% in U.S. dollar terms and said demand for AI-related chips remains extremely robust.
  • Recent analyst price-target increases after the earnings release likely added support, reinforcing the view that earnings estimates could keep moving higher.

    • Sources:

    TSMC Investor Relations, Bloomberg, Benzinga

    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 190 times in the past 6 months. Of those trades, 188 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 5 purchases buying 231 shares for an estimated $17,623 and 1 sale selling 200,000 shares for an estimated $13,966,000.
    • BOR-ZEN TIEN (VP) has made 28 purchases buying 10,302 shares for an estimated $773,164 and 0 sales.
    • SHYUE-SHYH LIN (VP) has made 10 purchases buying 5,225 shares for an estimated $379,299 and 0 sales.
    • LIPEN YUAN (VP) has made 10 purchases buying 4,555 shares for an estimated $344,109 and 0 sales.
    • SHU-HUA FANG (SVP and GC) has made 7 purchases buying 2,275 shares for an estimated $175,151 and 0 sales.
    • CHE-CHIA WEI (Chairman and CEO) has made 5 purchases buying 741 shares for an estimated $56,517 and 0 sales.
    • YUH-JIER MII (EVP and Co-COO) has made 5 purchases buying 351 shares for an estimated $26,769 and 0 sales.
    • YUNG-PEI CHIN (EVP and Co-COO) has made 5 purchases buying 350 shares for an estimated $26,691 and 0 sales.
    • YUNG-CHIN HOU (SVP and Deputy Co-COO) has made 5 purchases buying 307 shares for an estimated $23,416 and 0 sales.
    • KEVIN XIAOQIANG ZHANG (SVP and Deputy Co-COO) has made 5 purchases buying 306 shares for an estimated $23,337 and 0 sales.
    • SHIEN-YANG WU (SVP) has made 5 purchases buying 278 shares for an estimated $21,199 and 0 sales.
    • CHOH FEI YEAP (SVP) has made 5 purchases buying 271 shares for an estimated $20,663 and 0 sales.
    • YING-LANG WANG (SVP) has made 5 purchases buying 270 shares for an estimated $20,592 and 0 sales.
    • MIN CAO (VP) has made 5 purchases buying 270 shares for an estimated $20,590 and 0 sales.
    • KUO-CHIN HSU (VP) has made 5 purchases buying 266 shares for an estimated $20,290 and 0 sales.
    • TZONZ-SHENG CHANG (SVP) has made 5 purchases buying 263 shares for an estimated $20,059 and 0 sales.
    • CHUE-SAN YOO (VP) has made 5 purchases buying 258 shares for an estimated $19,683 and 0 sales.
    • CHUN-HSIEN LEE (SVP) has made 5 purchases buying 258 shares for an estimated $19,677 and 0 sales.
    • CHIH-HO CHEN (Controller) has made 6 purchases buying 209 shares for an estimated $15,856 and 1 sale selling 50 shares for an estimated $3,761.
    • LEE-CHUNG LU (VP) has made 5 purchases buying 253 shares for an estimated $19,295 and 0 sales.
    • JUIPING CHUANG (VP) has made 5 purchases buying 242 shares for an estimated $18,455 and 0 sales.
    • SYUN-MING JANG (VP) has made 5 purchases buying 241 shares for an estimated $18,376 and 0 sales.
    • YAO-CHING KU (VP) has made 5 purchases buying 234 shares for an estimated $17,851 and 0 sales.
    • CHRIS HORNG-DAR LIN (VP and CIO) has made 5 purchases buying 234 shares for an estimated $17,839 and 0 sales.
    • JUN HE (VP) has made 5 purchases buying 226 shares for an estimated $17,235 and 0 sales.
    • PEI-HUNG CHEN (VP) has made 5 purchases buying 225 shares for an estimated $17,158 and 0 sales.
    • YUAN-KO HWANG (VP) has made 5 purchases buying 199 shares for an estimated $15,181 and 0 sales.
    • YI-HUANG WU (VP) has made 5 purchases buying 199 shares for an estimated $15,178 and 0 sales.
    • CHIN-SHENG LU (VP) has made 5 purchases buying 187 shares for an estimated $14,260 and 0 sales.
    • JEN-CHAU HUANG (SVP and CFO) has made 5 purchases buying 145 shares for an estimated $11,060 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 1,803 institutional investors add shares of $TSM stock to their portfolio, and 1,415 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
    • 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
    • CANTILLON CAPITAL MANAGEMENT LLC removed 2,378,731 shares (-95.4%) from their portfolio in Q2 2026, for an estimated $1,136,010,563
    • D. E. SHAW & CO., INC. removed 2,178,369 shares (-73.8%) from their portfolio in Q2 2026, for an estimated $1,040,323,683
    • VAN ECK ASSOCIATES CORP removed 2,051,400 shares (-10.6%) from their portfolio in Q2 2026, for an estimated $979,687,098

    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 GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 09/22.
    • REPRESENTATIVE RICK W. ALLEN has traded it 2 times. They made 2 purchases worth up to $30,000 on 08/12, 05/08 and 0 sales.
    • REPRESENTATIVE CLEO FIELDS purchased up to $15,000 on 07/10.

    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.