TSMC Stock Soars on AI Boom – Record Highs, Key News, Risks & 2025 Outlook
TSMC shares surged to around $294, briefly topping $300, after Q3 2025 revenue rose 30% year-on-year to T$989.9 billion ($32.5 billion), beating forecasts on strong AI chip demand. The stock is up 45% year-to-date, pushing market cap above $1.1 trillion. Taiwan rejected U.S. calls to shift half of TSMC’s production stateside, insisting the majority will remain in Taiwan. Q3 earnings are due October 16.