Taiwan Semiconductor Manufacturing executives have been buying their own stock. In disclosed transactions on October 7, CEO Che-Chia Wei purchased 144 shares, and the company's CEO, CFO, COOs, vice presidents and senior vice presidents collectively bought more than 1,400 shares, according to MarketBeat data published Thursday.
The insider buying comes days after TSMC posted record third-quarter revenue of NT$1.49 trillion — roughly $46.7 billion, up 50 percent year over year — beating consensus estimates, with September revenue alone up 54.6 percent. The chipmaker reports full third-quarter earnings on October 15.
TSM shares are trading near their 52-week high at a premium valuation, reflecting the market's bet that AI-driven chip demand keeps accelerating. The executive purchases add a fresh disclosed data point for investors tracking insider conviction into the earnings print.
Note: insider transaction disclosures are public regulatory filings. This article reports them as market news, not as a recommendation to buy or sell any security.
