Wedbush Has a Strong Message for TSMC Stock Fans Nauman Khan Tue, November 10, 2026 at 9:15 AM EST 1 min read TSM +2.66% 0981.HK +2.61% NVDA -4.02% AAPL -0.99% TSM +2.66% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Wedbush Securities said Taiwan Semiconductor Manufacturing's (NYSE:TSM) record October sales offer an early signal that the chipmaker is tracking ahead of typical seasonal patterns.
The analyst Matt Bryson noted that the month-over-month step-up from September exceeded normal trends. He said the result gives the company clear visibility and sets a high bar that management appears positioned to meet or exceed for the December quarter.
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TSMC reported consolidated October revenue of NT$586.89 billion, or about $18.4 billion, a new monthly high. Sales rose 14.7% from September and climbed 59.7% from a year earlier.
Revenue for the first 10 months of 2026 reached NT$4.49 trillion, up 43.3% year over year. The growth likely reflects sustained orders for advanced chips used in AI data centers, including production for customers such as Nvidia (NASDAQ:NVDA) and Apple (NASDAQ:AAPL).
Wedbush's comments suggest the latest figures may reinforce expectations for a firm close to the year, though the company has not revised its formal guidance in the filing.
