# TSM Shares Drop 1.8% Despite Profit Growth

> TSMC shares fell 1.8% on Oct. 15 as chip stocks sold off, even with 69% profit growth.
- Title: TSM Shares Drop 1.8% Despite Profit Growth · TokenPost
- Summary: TSMC shares fell 1.8% on Oct. 15 as chip stocks sold off, even with 69% profit growth. TSMC shares dropped 1.8% on Oct. 15 amid chip sell-off despite…
- Keywords: tsmc, securities, profit growth, chip stocks, share price, taiwan semiconductor manufacturing, crypto, finance, TSM, Shares, Drop, Despite
- Source: TokenPost — https://tokenpost.com/news/investing/33380
- Published: 2026-10-16T17:19:46+00:00
- Read time: 1 min
- Topics: tsmc, securities, profit growth, chip stocks, share price, taiwan semiconductor manufacturing, crypto, finance
## TSMC Shares Drop
TSMC shares fell 1.8% on Oct. 15 as chip stocks sold off despite strong quarterly results.
## Profit Growth Report
TSMC reported 68.7% net income growth to NT$763.06 billion for the quarter ended Sept. 30.
## Market Reaction
TSMC forecasted $52.3 billion to $54.3 billion in fourth-quarter revenue, 58% higher year over year.
## Key takeaway

TSMC shares dropped 1.8% on Oct. 15 amid chip sell-off despite reporting 69% profit growth.