TSMC Hits Record NT$2,415 Then Erases 2.7% Gain as Nvidia Tie-Up and 15% Price-Hike Talk Spur Selling
Updated
Updated · tradingkey.com · Jun 1
TSMC Hits Record NT$2,415 Then Erases 2.7% Gain as Nvidia Tie-Up and 15% Price-Hike Talk Spur Selling
6 articles · Updated · tradingkey.com · Jun 1
TSMC touched a record NT$2,415 on June 1, lifting its market value above NT$62 trillion, but finished flat at NT$2,355 after early gains evaporated.
Nvidia and TSMC had expanded their AI manufacturing partnership, while market talk said TSMC could raise 3nm quotes by up to 15% in second-half 2026 amid strong AI-chip demand.
TSMC said Nvidia tools could cut lithography costs or cycle times by 20% to 50% and speed chemical simulations about 50-fold, reinforcing the longer-term case for higher efficiency.
Profit-taking capped the rally because Taiwan-listed shares are already up more than 50% this year, and investors remain cautious until TSMC addresses pricing, capex and outlook at its June 4 shareholder meeting.
Underlying fundamentals remain strong: first-quarter gross margin reached 66.2%, net margin 50.5%, and TSMC still expects 2026 dollar revenue growth of more than 30%.
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TSMC’s Record 70.2% Foundry Market Share: Financial Strength, AI Integration, and Strategic Price Hikes in 2026
Overview
TSMC's strong Q1 2026 performance, with a gross margin of 66.2% and a net margin of 50.5%, highlights its operational efficiency and profitability. Building on this, the company projects Q2 revenue between $39.0 and $40.2 billion and expects full-year revenue growth to exceed 30%. This positive financial guidance is boosting market sentiment and could lift TSMC's stock in the short term. The robust results and optimistic outlook reflect TSMC's ability to meet strong demand for advanced chips, reinforcing investor confidence and supporting its leadership in the semiconductor industry.