TSMC Stocks Rise 1.64% After October Sales Jump 59.7% to a Record

What happened

TSMC reported record October revenue of NT$586.89 billion, up 59.7% from October 2025 and 14.7% from September. Its shares rose 1.64% to $395.00 in regular trading on November 10, while Taiwan-listed shares gained 2.2%. The revenue figures are unaudited.

Confirmed

Global impact / market context

The record sales increase signals stronger recent demand for TSMC’s chip-manufacturing services and can support revenue expectations if it continues. But one month does not establish a lasting trend, and the article’s hypothetical fourth-quarter estimate assumes November and December repeat October rather than reflecting company guidance.

Analyst inference

TSMC’s US shares were reported 3.86% above GuruFocus’s $380.32 GF Value, its estimate of fair value, despite the strong sales update. That framing suggests investors may expect further sales strength for additional share gains, although the article provides no broader industry comparison.

Analyst inference

What to watch

1. TSMC’s November revenue is due around December 10, according to the article; compare it with October to see whether the rapid sales growth continued. Confirmed
2. Check whether TSMC issues fourth-quarter guidance; the article’s roughly NT$1.76 trillion estimate is only a hypothetical calculation assuming both remaining months match October. Analyst inference
3. Watch whether subsequent sales reports sustain the year-over-year increase, since continued revenue growth could support expectations while weaker figures may challenge them. Analyst inference

Evidence

• gurufocus.com