--- title: "Weekly Recap | Taiwan Semiconductor +4.92%, consensus target above spot" type: "News" locale: "en" url: "https://longbridge.com/en/news/300852519.md" description: "Taiwan Semiconductor (TSM) added 4.92% this week to close at $472.78, up from the prior Friday’s close of $450.61. Over the same stretch the S&P 500 slipped 0.27%, leaving TSM roughly 5.19 percentage points ahead of the broader market. Day to day, the stock traded between $443.11 and $461.87 from Monday through Thursday before Friday’s gap higher and one-way move to a new session high of $474.79, finishing near the top of the weekly range. Weekly amplitude was 7.07%. Around 44." datetime: "2026-10-03T07:59:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/300852519.md) - [en](https://longbridge.com/en/news/300852519.md) - [zh-HK](https://longbridge.com/zh-HK/news/300852519.md) generator: "portal-rs" --- # Weekly Recap | Taiwan Semiconductor +4.92%, consensus target above spot ## The Week Taiwan Semiconductor (TSM) added 4.92% this week to close at $472.78, up from the prior Friday’s close of $450.61. Over the same stretch the S&P 500 slipped 0.27%, leaving TSM roughly 5.19 percentage points ahead of the broader market. Day to day, the stock traded between $443.11 and $461.87 from Monday through Thursday before Friday’s gap higher and one-way move to a new session high of $474.79, finishing near the top of the weekly range. Weekly amplitude was 7.07%. Around 44.9m shares changed hands over the week, with the daily average about 14% below the median daily volume. ## Key Events Two company-specific threads shaped the week: the 2nm race and a potential Texas investment. Wells Fargo highlighted what it called an unexpected winner in TSMC’s 2nm competition, while sources said TSMC was evaluating a possible investment in Texas. On Friday KGI Securities updated its outlook on AI and iPhone demand, and reports that Qualcomm had awarded 2nm orders to TSMC helped the stock touch a one-month high. The broader backdrop included comments that ASML and TSM earnings could test market expectations, plus the end of Taiwan’s cheap-money era amid an AI-fuelled US$126bn debt binge. US trading was marked by divergence between tech and the Dow while Treasury yields climbed, and TSM repeatedly appeared in intraday and after-hours Big Tech roundups. ## Analyst Ratings Among brokers covering TSM, 14 rate it buy, 6 rate it outperform, and 1 rates it hold, with no underweight, sell, or no-opinion ratings, for a total of 21 firms. The consensus rating is strong buy. The consensus target price is $552.26, about 16.81% above the latest closing level of $472.78. Target prices range from $440 to $700, a wide spread that points to a real divergence in views. Within the semiconductor-maker industry, TSM ranks 18th out of 78 names covered, with an industry median of 9 covering brokers. ## The Week Ahead The following week brings the final S&P Global services PMI and the ISM non-manufacturing PMI on Monday, followed by EIA crude inventory data on Wednesday. The bigger event is TSMC’s Q3 fiscal 2026 earnings on 15 October, with consensus estimates around US$4.45 in EPS and US$45.6bn in revenue. Several notes this week argued the stock could make a decisive move after that date, making it the key checkpoint for current expectations and further signals on 2nm orders and the potential US expansion. ## In Short TSMC rose 4.92% this week and beat the S&P 500 by more than five percentage points, a resilient showing against a softer tape. Brokers’ consensus stands at strong buy, with the consensus target above spot by about 16.81%, though targets spread from $440 to $700. Valuation metrics put the stock near 34.76x P/E and 12.15x P/B on a market value around $2.45tn, while the latest session’s flow showed large and medium orders leaning net sellers and small orders leaning net buyers. The main thing to watch is whether the 15 October earnings print backs up current broker expectations and whether 2nm orders and the Texas expansion story gain further traction. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [TSM.US](https://longbridge.com/en/quote/TSM.US.md) - [TSMX.US](https://longbridge.com/en/quote/TSMX.US.md) - [TSMY.US](https://longbridge.com/en/quote/TSMY.US.md) - [TSMZ.US](https://longbridge.com/en/quote/TSMZ.US.md) - [TSMG.US](https://longbridge.com/en/quote/TSMG.US.md) - [TSMU.US](https://longbridge.com/en/quote/TSMU.US.md) - [STSM.US](https://longbridge.com/en/quote/STSM.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) ## Related News & Research - [Here’s what a $10,000 investment in TSMC stock will be worth by 2030](https://longbridge.com/en/news/303776376.md) - [TSMC VP Yuan Lipen Reports Acquisition of Common Shares Worth US$ 71,490](https://longbridge.com/en/news/304118114.md) - [MGO One Seven LLC Buys 7,052 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM](https://longbridge.com/en/news/303855308.md) - [Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock: Smith Group Asset Management LLC Cuts Holdings](https://longbridge.com/en/news/303535348.md) - [Profund Advisors LLC Sells 2,379 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM](https://longbridge.com/en/news/303856624.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**