TSMC Shares Surge 3.075% as AI and Automotive Demand Revive Semiconductor Cycle

Taiwan Semiconductor Manufacturing Co. (TSMC) shares surged 3.075% in pre-market trading on Nov. 11, 2025, signaling renewed investor confidence in the chipmaker's growth trajectory amid a recovering global semiconductor demand cycle.

The upward momentum follows recent industry signals pointing to improved supply-demand dynamics in the AI and automotive sectors, two key growth pillars for TSMC. Analysts noted that clients' increased capital expenditure plans and a stabilization in inventory levels across the supply chain have created a favorable backdrop for near-term pricing stability and order visibility.

Market participants are closely watching TSMC's ability to maintain its 5-nanometer process leadership while advancing 3-nanometer adoption, which could further widen its technological moat against competitors. Recent client feedback suggests strong utilization rates at advanced nodes, reinforcing expectations of sustained revenue growth through 2026.

Backtest assumptions suggest a long-biased strategy from current levels, with technical indicators showing a break above key resistance at $68.50. The 20-day moving average crossover provides additional confirmation of a potential continuation pattern, though near-term volatility remains elevated due to macroeconomic uncertainty in the U.S. dollar and treasury yields.