Movement Alert｜Taiwan Semiconductor Manufacturing Intraday Rise 4.34% in Regular Trading, strong October revenue and AI investments support sentiment

Market Focus22:40

On November 11, Taiwan Semiconductor Manufacturing recorded an Intraday Rise of 4.34% in Regular Trading, trading at USD 412.34 per share, with turnover of USD 1.049 billion.

The move was supported by strong October sales, continued evidence of AI-driven demand, and newly approved strategic investments tied to the AI ecosystem.

The company reported October consolidated revenue of TWD 586.89 billion, up 14.7% month over month and 59.7% year over year, while revenue for the first ten months reached TWD 4.4856 trillion, up 43.3% from a year earlier. Its board also approved investments of up to USD 500 million each in Anthropic and OpenAI, alongside a capital budget of up to USD 40.9 billion for long-term capacity expansion. The combination reinforced market expectations for Taiwan Semiconductor Manufacturing's role in the AI supply chain and improved visibility into medium- to long-term demand.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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