TSMC posts record profit for a sixth straight quarter, beating estimates on AI boom
Net income rose 69% to NT$763.1 billion, beating LSEG SmartEstimates as demand for AI processors and advanced chip packaging stayed strong.
- On Thursday, October 15, 2026, Taiwan Semiconductor Manufacturing reported a record third-quarter net profit of NT$763.1 billion, a 69% year-on-year surge driven by soaring global demand for AI processors.
- Booming infrastructure spending in the tech sector fuels this performance, with analysts noting strong demand for TSMC's AI chipmaking capacity and its advanced CoWoS chip packaging technology.
- Revenue reached NT$1.49 trillion in the quarter, while the company raised its 2026 capital expenditure forecast to between $60 billion and $64 billion, part of a $265 billion manufacturing investment in Arizona.
- ASML, the world's largest maker of AI chipmaking tools, reported on Wednesday that customers are already placing orders for 2029 and 2030, easing concerns the AI investment boom is losing momentum.
- TSMC's market capitalization now sits at approximately US$2 trillion, nearly double that of South Korean rival Samsung Electronics, with Taipei-listed shares having gained 57% so far in 2026.
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Taiwanese chipmaker beats quarterly earnings forecasts as high-performance computing accounts for 68% of revenue
TSMC Q3 (July- Sep) Profit Jumps 68.7% to USD 23.9 Billion, Revenue Rises 50.9%
Get latest articles and stories on Business at LatestLY. Taiwan Semiconductor Manufacturing Company (TSMC) reported a 68.7 per cent year-on-year increase in net profit to USD 23.86 billion (NT$763.06 billion) in the third quarter of 2026, while revenue rose 50.9 per cent to USD 46.72 billion (NT$1,494.24 billion). Business News | TSMC Q3 (July- Sep) Profit Jumps 68.7% to USD 23.9 Billion, Revenue Rises 50.9%.
TSMC's Q3 net profit hits new quarterly high
Taiwan Semiconductor Manufacturing Co. (TSMC) on Thursday reported a new quarterly high in net profit in the third quarter, on the back of strong global demand for AI applications, while its gross margin fell from a quarter earlier due to an increase in shipments of chips made using the company's advanced 2 nanometer process.
The Taiwanese chip giant TSMC announced on Thursday a better quarterly net profit than expected, which increased by 68.7% compared to the same period last year, transmits France Press. The company's winnings, the largest from the point of view of capitalization outside the United States, reached a new record, driven by ...
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In the third quarter, Taiwanese TSMC's profit grew by 68 percent compared with last year.
TSMC posts sixth quarter of record profit in a row
TSMC, the world's largest manufacturer of advanced AI chips, said today it expects fourth-quarter revenue to rise by as much as 61% from a year earlier, after posting a sixth consecutive quarter of record earnings as it rides an AI boom.
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