TSM

In April 2026, TSMC debuted its A13 Technology at the North America Technology Symposium. In June 2026, the company announced a long-term partnership with Amkor Technology to accelerate advanced packaging in the United States. TSMC reported its Q2 2026 earnings on June 30, 2026, with $4.28 earnings per share and $39.89 billion in revenue. The broader semiconductor sector experienced a historically vulnerable period from mid-February to the end of April, with a potential downturn extending through the fall of 2026. However, in August 2026, overall semiconductor shipments, excluding memory ICs, outperformed typical seasonal patterns. TSMC announced strong September 2026 revenue of NT$511.86 billion (approximately $16.03 billion), marking a 54.6% year-over-year increase, primarily driven by the surging demand for high-end AI chips. This strong performance contributed to a bullish technical signal, with the 10-day moving average breaking above the 50-day moving average on September 8, 2026. In October 2026, TSMC's stock price experienced a dip after Elon Musk publicly ruled out an operational role for TSMC in the Terafab AI chip complex, a Tesla-SpaceX joint venture, reversing a prior positive catalyst. Despite this, analysts maintained a broadly bullish outlook, with several firms raising price targets ahead of TSMC's Q3 2026 earnings release, anticipated on October 15, 2026, expecting strong results driven by AI-chip demand and the ramp-up of its advanced 2-nanometer process.