History Says This Happens to Taiwan Semiconductor Stock After Oct. 15

Taiwan Semiconductor (TSM) will report third-quarter earnings on Oct. 15, the company’s first major update of the year since only a handful of quarters are scheduled for results. Wall Street is expecting a strong performance, and the stock’s recent pattern suggests the market doesn’t always react immediately—even when TSM beats consensus. According to the article, in three of the last four earnings reports the shares declined or weakened afterward, despite surpassing EPS expectations. However, the longer-term trend has been more favorable: TSM has typically done well about one to two months after earnings. Analysts forecast 47% revenue growth in Q3 and 54% in Q4. The stock trades around 28 times forward earnings.