Taiwan Semiconductor Manufacturing Co. (TSMC, TSM) remains central to the expansion of AI chip demand. As a manufacturing partner to Nvidia (NVDA), Apple (AAPL) and Advanced Micro Devices (AMD), the world’s largest contract chipmaker continues to post strong revenue and profit growth, keeping its shares in focus across the technology and semiconductor sectors.
As of September 28, 2026, TSMC shares were trading near a buy point. The setup offers investors a chance to assess how earnings growth, the share-price trend and a key chart level fit together, rather than relying on a single day’s move.
Second-quarter revenue reached $39.4 billion
TSMC reported second-quarter revenue of $39.4 billion, up 24% year over year. Earnings per share rose 62% to $4.22. Growth in both revenue and earnings underscores the importance of AI-related chip orders to the company’s results.
TSMC serves customers across AI accelerators, smartphones and high-performance computing. Demand for advanced chips from Nvidia and AMD, along with chip business tied to Apple products, makes the company an important barometer for the broader technology and semiconductor supply chain. Its quarterly figures offer insight not only into TSMC’s own operations, but also into demand for advanced chip manufacturing.
Analysts see 40% full-year sales growth
Expectations for the full year are also strong. Analysts forecast that TSMC’s sales will rise 40% to $169.39 billion, with earnings projected to increase 60%. Those estimates help explain why investors continue to value the company against a high-growth outlook.
Forecasts alone, however, do not determine how a stock will trade. Investors also watch whether reported results meet expectations, whether the share-price uptrend holds and whether trading activity supports the signal suggested by the chart. For a growth-oriented semiconductor stock, earnings and technical indicators are typically considered together.
Share-price action near the buy point matters
With TSMC approaching a buy point, the stock’s behavior around that level is in focus. Its upward trend has coincided with growth in revenue and earnings, but a move toward a key chart level is not, by itself, evidence that the share price will keep rising. Market participants will be watching whether shares hold firm in that area.
A stock chart brings together the price trend, important levels and market participation. TSMC’s results help explain investor interest, while the validity of a technical signal depends on how the shares actually perform near the buy point. The company’s latest quarterly growth and full-year forecasts are supporting attention; the next indicators remain its reported results and the share-price action around that level.