TSMC September Revenue Up 53%, Demand Cannot Be Met

TSMC's 53% increase in September revenue and inability to meet demand confirm the company's strong growth momentum. This news is a positive signal for the semiconductor sector and could support the stock price upward in the short term. However, technical indicators are mixed: RSI at 52 is neutral, MACD is below the signal line, and the price is slightly below the 20-day moving average. The last close at 431.58 is squeezed between the 20-day SMA (434.40); if this resistance is breached due to the news impact, the upward movement could accelerate. Nevertheless, overall market conditions and the risk of profit-taking should be taken into account.

TSMC's 53% increase in September revenue indicates robust AI chip demand and supply unable to meet demand, a positive signal for leading chip designers like NVDA. However, NVDA stock has fallen 6.8% in the last 24 hours and RSI at 29.7 is approaching oversold territory, which could support short-term rebound buying. MACD is negative and the price is below the 20/50-day moving averages, so the technical outlook remains weak. Although the news is positive, if selling pressure persists across chip stocks in the broader market, the upside may be limited. Therefore, I assess the 1-3 day direction as 'up', but with a moderate confidence level.

TSMC's 53% increase in September revenue indicates robust demand for artificial intelligence and high-performance computing chips, a positive signal for key TSMC customers like AMD. AMD shares have risen 8.2% in the last 24 hours and closed just above the 20-day moving average (506.80) at 507.73. The RSI is at 58, not yet in overbought territory, but the MACD remains below its signal line (10.4 vs. 12.4), suggesting weakening short-term momentum. While the news confirms strong demand, the sharp price increase in the last day and the negative MACD crossover suggest that upward movement may be limited. Therefore, while a slight positive trend is expected in the 1-3 day horizon, caution is warranted against profit-taking.

TSMC's 53% increase in September revenue and its statement that demand cannot be met indicate strong chip demand through Apple's main supplier, serving as a positive short-term catalyst for AAPL. The price is trading at 323.67, above the SMA20 (316.88) and SMA50 (321.06), with a 24-hour change of +0.92%, showing positive momentum. RSI14 is at 62.2, not yet approaching overbought territory, leaving some room for upward movement. However, although MACD (-0.44) is above the signal line (-1.61), it remains in negative territory, so the bullish signal should be viewed with caution. It is uncertain whether the news will directly translate into Apple orders; therefore, confidence is limited to 0.62.