# Why October 15 Could Change TSMC Stock

> TSMC's October 15 earnings may beat estimates as AI demand surges.
- Title: Why October 15 Could Change TSMC Stock · 24/7 Wall St.
- Summary: TSMC's October 15 earnings may beat estimates as AI demand surges. TSMC's Q3 earnings on October 15 could exceed $44.6B revenue and $4.46 EPS as AI-driven…
- Keywords: taiwan semiconductor, tsmc, ai demand, earnings report, october 15, semiconductor stock, q3 earnings, revenue growth, consensus eps, October, Change, Stock
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/10/12/why-october-15-could-change-everything-for-taiwan-semiconductor-stock
- Author: Thomas Richmond
- Published: 2026-10-12T15:33:50+00:00
- Read time: 1 min
- Topics: taiwan semiconductor, tsmc, ai demand, earnings report, october 15, semiconductor stock, q3 earnings, revenue growth, consensus eps
## TSMC Lags Market But AI Demand Surges
TSMC trails the semiconductor sector by 32.81 percentage points this year despite strong AI-driven growth.

> The AI megatrend continues to drive the need for more and more computation, which supports the robust demand for leading-edge silicon
## Q3 Revenue Guidance Set for $44.6B-$45.8B
TSMC guided Q3 revenue to $44.6 billion to $45.8 billion, a 12% sequential increase and 37% year-over-year growth.
## September Revenue Surges 54.6% YoY
September revenue reached $16.03 billion, up 54.6% year over year, exceeding Q3 guidance.
## AI Demand Drives 66% of Revenue
High-performance computing rose 20% quarter over quarter to 66% of TSMC's revenue.
## Analysts Expect 23% Stock Upside
Analysts target $555.01 for TSMC, a 23.03% increase from current price of $451.11.
## October 15 Earnings Report Expected to Beat
TSMC's Q3 earnings report on October 15 could exceed $4.46 EPS and $44.6B revenue estimates.
## Key takeaway

TSMC's Q3 earnings on October 15 could exceed $44.6B revenue and $4.46 EPS as AI-driven chip demand grows.