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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.
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Center

In the third quarter, Taiwanese company TSMC's profits grew by 68 percent compared to last year

·Copenhagen, Denmark
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Center

New U.S. interest rates are pushing the prices of the high-valued tech shares, especially the chip manufacturers. However, the facts speak a different language - as today's figures from TSMC show.

·Hamburg, Germany
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Lean Right

To Taiwan Semiconductor Manufacturing Co. (TSMC) recordu mais um profite recorde, impulsioned pela robust demand by infrastructure of AI, ignoring as concernedhes of the market that or investiment global nesse setor of fast crescimento estaria chegando ao limito. Matéria exclusive para assinantes. For ter acesso completa, acesse o link da materia e faça o seu cadastro.

·Rio de Janeiro, Brazil
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BizToc broke the news on Sunday, October 11, 2026.
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