TSMC stock
On October 14, 2026, TSMC's American Depositary Receipts declined 2.5% to $434.28 as market scrutiny intensified ahead of its October 15 third--quarter earnings release. While TSMC registered record September sales of NT$511.86 billion, investor attention focused on potential sequential deceleration following a 0.6% month--over--month dip from August and elevated valuation multiples. Investors are monitoring fourth--quarter revenue guidance and profitability metrics, as the initial volume ramp of the 2nm (N2) process node is projected to dilute gross margins by 300 to 400 basis points against guidance of 65% to 67%. Market participants also anticipate updates on the company's full--year capital expenditure forecast of $60 billion to $64 billion. TSMC is scheduled to host its third--quarter 2026 earnings conference call on October 15, 2026 at 14:00 Taipei time.