Taiwan Semiconductor Manufacturing (TSM · NYSE)

Taiwan Semiconductor posted its sixth consecutive record profit quarter, with September-quarter revenue of $1.49T and net income of $762.65B, up 68.7% year over year, and has beaten EPS estimates in all four of the last four quarters. Revenue has grown sequentially for four straight quarters, from $1.06T in the December 2025 quarter to $1.49T in the September 2026 quarter, while margins remain high at 65.8% gross and 58.7% operating. The stock has pulled back despite the results, down 9.0% over five days and 2.3% on the day to $412.61, leaving it 15.1% below its 52-week high with an RSI of 32, though still up 4.9% versus its 200-day average. Valuation sits at a 26.74 P/E against an analyst target of $584.39, with leverage modest at 0.3x debt/EBITDA and $3.61T in cash.