Ahead of Taiwan Semiconductor Earnings, Here's What Barchart Data Says Comes Next for TSM Stock

Taiwan Semiconductor (TSM) is widely regarded as one of the most important artificial intelligence (AI) companies in the world, but options traders believe that is unlikely to translate into a post-earnings rally. Consensus is for TSMC to record $4.45 in earnings per share (EPS) for its second financial quarter on Oct. 15, which would represent a 52.4% growth on a year-over-year basis.

Heading into the earnings event, Taiwan Semiconductor stock is up about 40% year-to-date.