TSM changes
Pick any two versions below to diff them.
- Price
- $417.81 → $413.35(−1.1%)
- Recent events
- added: Nov 10, 2026: TSMC's board approved its Q3 2026 financial statements. It approved a cash dividend of NT$9.0 per share for Q3 2026, up from NT$7.0 for Q2, with an ex-dividend date of March 11, 2027 and payment on April 8, 2027. It approved capital appropriations of about US$40.9 billion for advanced and mature capacity, fab construction and 2027 research and sustaining spending. It also approved an investment of up to US$500 million in a company for strategic semiconductor investments, and investments of up to US$500 million each in Anthropic and OpenAI. Nov 10, 2026: TSMC reported October 2026 revenue of NT$586.9 billion, up 14.7% from September and up 59.7% from a year earlier. Revenue from January to October was NT$4,485.6 billion, up 43.3%. Oct 15, 2026: TSMC reported Q3 2026 results. Revenue was NT$1,494.2 billion, up 50.9% from a year earlier and up 17.6% from Q2. In US dollars, revenue was US$46.72 billion, up 41.2% from a year earlier and above the guidance of US$44.6-45.8 billion. Gross margin was 66.4%, down from 67.7% in Q2, mainly because of the first ramp-up of N2 production. Diluted EPS was NT$29.43, up 68.7%. The 2 nm node gave 8% of wafer revenue, and 7 nm and smaller nodes together gave 79%. High-performance computing gave 68% of revenue and smartphones gave 21%. Oct 15, 2026: For Q4 2026, TSMC guided revenue of US$52.3-54.3 billion, gross margin of 65% to 67% and operating margin of 56.5% to 58.5%. Management raised its 2026 revenue growth target to about 44% in US dollars, from slightly above 40%. It kept the 2026 capital budget at US$60-64 billion. It said that capital spending from 2026 to 2028 will be much higher than in the previous three years. Capital spending was US$40.64 billion in the first nine months of 2026. Oct 15, 2026: On the Q3 earnings call, CEO C.C. Wei said that AI demand is "extremely robust" and that TSMC sees no sign of a slowdown. He said that AI accelerator revenue will probably grow faster than TSMC's earlier forecast of a mid-to-high 50s percent yearly rate from 2024 to 2029. He also said that higher component prices put pressure on consumer and price-sensitive markets. TSMC expects the yearly capacity of its N2 family to more than double in 2027. Oct 15, 2026: On the same call, management said that construction of the second Arizona fab is complete and that TSMC now installs its tools. TSMC plans volume production there in the third quarter of 2027, a little earlier than its previous plan. The CFO said that the cost of the overseas fabs to gross margin will increase to 3% to 4% over the next few years. Wei said that TSMC has sent teams to Texas to study a new site. He also said that TSMC talks with a customer about its planned Terafab plant, and that TSMC must run any such fab. Oct 8, 2026: TSMC reported September 2026 revenue of NT$511.9 billion, up 55% from a year earlier and down 0.6% from August. Third-quarter revenue was about NT$1.49 trillion, up about 50% from a year earlier. Revenue for January to September was NT$3,898.7 billion, up 41%. Oct 7, 2026: Elon Musk said on X that his companies will build and run the Terafab plant, and that TSMC may at most sublease part of it. TSMC's US-listed shares fell from their record over the next three days, to $453.31 on October 9, 2026. Oct 3, 2026: On October 3, 2026, Elon Musk said on X that TSMC and his Terafab chip plant project were in "just discussions." This followed an October 2 newsletter report that TSMC was studying a role in Terafab. TSMC made no announcement. On October 5, 2026, TSMC's US-listed shares closed at a record high of $485.80. Sep 30, 2026: Reuters reported that TSMC is studying a new investment in Texas, on top of its Arizona plans. TSMC declined to comment. Sep 10, 2026: TSMC reported August 2026 revenue of about NT$514.8 billion, up 53% from a year earlier and up 10% from July. Year-to-date revenue through August was up more than 39% from a year earlier. Aug 11, 2026: TSMC's board approved a cash dividend of NT$7.0 per share for Q2 2026, to be paid on January 7, 2027, and capital appropriations of about US$29.4 billion. It also approved a joint venture with Sony Semiconductor Solutions to make smartphone image sensors in Kumamoto, Japan. Sony will control the venture, and TSMC plans to put in about 282 billion yen in cash. The venture expects to start volume production in 2029. Jul 21, 2026: Nikkei Asia reported that TSMC plans to raise wafer prices by 5% to 10% from January 2027, with an extra 10% to 15% charge on AI and high-performance orders above committed volumes. TSMC does not comment on prices. Jul 16, 2026: TSMC reported Q2 2026 results. Revenue was US$40.2 billion, up 34% from last year in US dollars and up 36% in Taiwan dollars. Gross margin was 67.7%. Jul 16, 2026: Management raised the full-year 2026 revenue growth target to slightly above 40% in US dollars, from more than 30%. It raised the 2026 capital spending budget to US$60-64 billion, from US$52-56 billion. Jul 16, 2026: TSMC announced another US$100 billion investment in Arizona. This raises its planned Arizona investment to US$265 billion, for ten fabs, two advanced packaging plants and a research center.