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

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 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 Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$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 Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative 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 Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative 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 Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.