StocksMedium•12 November 2026•
1 min read
TSMC Shares Fall 2.21% Despite Record-Breaking October Revenue
Key Facts
1TSMC shares fell 2.21% to $404.22 amid concerns regarding the AI chip supply chain.
2The company reported its highest-ever monthly revenue in October at NT$586.89 billion, up 59.7% year-over-year.
TSMC shares fell 2.21% to $404.22 amid concerns regarding the AI chip supply chain, Yahoo Finance reported. The decline occurred despite the company reporting its highest-ever monthly revenue in October at NT$586.89 billion, marking a 59.7% increase compared to the same period last year.
Uncertainty in the AI sector followed the resignation of NVIDIA's CEO, overshadowing TSMC's record revenue growth. TSMC was trading at $406 on November 12, 2026, while NVDA was trading at $164.735 on the same date. In the broader peer group, AMD closed at $552.9 and INTC closed at $62.5 on November 11, 2026.