TSMC Stocks Fall 2.21% as NVIDIA Shake-Up Overshadows Record October Revenue Khac Phu Nguyen Thu, November 12, 2026 at 1:02 PM EST 1 min read TSM -1.49% NVDA -4.73% ANTH.PVT TSM -1.49% 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.
Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) shares fell 2.21% to $404.22 at 9:35 a.m. ET in early regular-session trading on November 12 as NVIDIA's CEO resignation hit the AI chip supply chain, Yahoo Finance's live coverage showed. The drop came two days after the world's largest contract chipmaker posted its biggest month ever.
Warning! GuruFocus has detected 4 Warning Signs with MU.
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TSMC reported October revenue of about NT$586.89 billion, up 14.7% from September and 59.7% from a year earlier. Revenue for January through October reached NT$4,485.62 billion, up 43.3%. TSMC is also on the buyer list in Anthropic's amended S-1, with TSMC Partners taking about $500 million of shares in the IPO placement.
October ran about 35% above the JanuarySeptember monthly average of roughly NT$433 billion, a sign that AI demand is still accelerating at the foundry level. That is why the pullback looks like sentiment, not fundamentals. GuruFocus gives TSMC a GF Score of 98/100, with a perfect profitability rank and 9/10 financial strength. At $404.22, the shares trade 5.8% above the GF Value of $381.91, a "Fairly Valued" reading, at about 26 times earnings. The next test is TSMC's November sales report in early December and any order commentary from NVIDIA's November 17 call.
