TSMC shares surge 3.075% as AI and automotive demand optimism revitalizes semiconductor cycle.

TSMC shares surged 3.075% in pre-market trading on Nov. 11, 2025, driven by renewed optimism in AI and automotive demand, which is revitalizing the semiconductor cycle. The move reflects investor confidence in the company’s ability to capitalize on long-term industry tailwinds.

Analysts highlighted that TSMC’s momentum is underpinned by improved supply-demand dynamics, stable inventory levels, and rising capital expenditure from key clients. The firm’s leadership in 5-nanometer and 3-nanometer process technologies remains a focal point, with strong utilization rates at advanced nodes reinforcing expectations of sustained revenue growth through 2026. AI-driven demand, particularly from hyperscalers and data center operators, continues to anchor the stock’s trajectory.

Technical indicators suggest a bullish continuation pattern above $68.50, supported by a 20-day moving average crossover. However, near-term volatility persists due to macroeconomic uncertainties, including U.S. dollar fluctuations and treasury yield movements. The stock’s resilience underscores its strategic positioning in the global semiconductor supply chain.

Backtest assumptions propose a long-biased strategy from current levels, with a breakout above key resistance signaling potential for further gains. Strategic expansion in advanced packaging and node optimization positions TSMC to maintain pricing power amid evolving industry dynamics.