TradingKey – Selling Pressure Triggered as Good News Is Fully Priced In: TSMC Shares Fall Below $470 Mark; Will It Continue to Slide?

On October 8, Eastern Time, TSMC’s ADR (TSM) fell by about 1.4%, losing the $470 mark to stand at $465.51. Today, TSMC announced its consolidated revenue for September at approximately NT$511.857 billion (about $16.034 billion), bringing third-quarter revenue to approximately NT$1.494 trillion, setting a new single-quarter revenue record while exceeding analysts’ average expectation of NT$1.46 trillion.

Although TSMC’s total revenue for the third quarter of 2026 reached another all-time high, September’s monthly revenue showed a year-over-year increase but a month-over-month decline of 0.6%, triggering a…