Published • loading... • Updated
TSMC posts record profit for a sixth straight quarter, beating estimates on AI boom
Net profit rose 69% to NT$763.1 billion as AI chip demand lifted revenue 50.9%, and TSMC lifted its full-year outlook to 44% growth.
- On Thursday, October 15, 2026, Taiwan Semiconductor Manufacturing Co. reported a record third-quarter net profit of NT$763.1 billion, up 69% year-on-year, driven by booming artificial intelligence demand.
- Booming infrastructure spending in the tech sector and the steep ramp-up of TSMC's advanced 2nm technology supported the results, though the new process diluted gross margins by about 1.3 percentage points sequentially.
- Chief Financial Officer Wendell Huang reported third-quarter revenue of $46.72 billion, representing 41.2% year-over-year growth, while the company raised its full-year 2026 revenue growth forecast to approximately 44%.
- Shares of TSMC fell 2% on Thursday amid a broader semiconductor sector sell-off, as investors prioritized macroeconomic risks over record earnings performance despite the strong results.
- CEO C.C. Wei reiterated that demand exceeds supply while warning of 2027 macroeconomic uncertainties, as the company maintained its $60 billion to $64 billion capital expenditure budget for 2026.
Insights by Ground AI
Podcasts & Opinions
126 Articles
126 Articles
TSMC Reports AI Chip Demand Still Exceeds Supply as It Lifts 2026 Outlook
TSMC posted record Q3 profit on Oct. 15 and raised its 2026 revenue outlook to about 44% growth. CEO C.C. Wei said AI chip demand remains far above supply capacity despite ongoing expansions. The foundry's results show tight conditions for customers including Nvidia.
In the third quarter, Taiwanese company TSMC's profits grew by 68 percent compared to last year
·Copenhagen, Denmark
Read Full Article![[your]NEWS](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2Ffb6dc495f74049f513563c33352175eaa0ecd509.jpg%3Fwidth%3D24&w=64&q=75){kind=small}
TSMC Posts Sixth Consecutive Record Quarterly Profit, Takes Cautious View for 2027
Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest manufacturer of advanced chips, reported its sixth consecutive record quarterly profit on Thursday, driven by robust artificial ... The post TSMC Posts Sixth Consecutive Record Quarterly Profit, Takes Cautious View for 2027 first appeared on [your]NEWS.
Coverage Details
Total News Sources126
Leaning Left8Leaning Right18Center22Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 17%
C 46%
R 37%
![[your]NEWS](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2Ffb6dc495f74049f513563c33352175eaa0ecd509.jpg%3Fwidth%3D60&w=128&q=75)
Factuality
To view factuality data please Upgrade to Premium
