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TSMC's October sales jump as global chip boom rolls on

  • On Nov 10, Taiwan Semiconductor Manufacturing reported record consolidated sales of NT$586.89 billion for October, up 59.7% from a year earlier and surpassing the previous monthly record set in August.
  • Analysts attributed the record growth to strong global demand for artificial intelligence applications, while shipments of chips using TSMC's advanced 2-nanometer process also boosted revenue.
  • TSMC raised its full-year sales growth forecast to about 44% in mid-October, up from its July projection of slightly more than 40% growth, reflecting confidence in sustained demand.
  • Separately, Taiwan's exports surged 58.9% in October from a year earlier to $96.76 billion, as strong demand for advanced chips drove a 61.4% increase in electronic components exports.
  • TSMC expects capital expenditure from 2026 to 2028 to be significantly higher than in the previous three years as it invests to support rising customer demand for data centers into 2027 and beyond.
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Taiwan's TSMC recorded a new all-time monthly revenue in October, driven by demand for artificial intelligence (AI) semiconductors. According to Taiwan's Central News Agency (CNA) on the 10th (local time), TSMC, the world's largest semiconductor foundry, announced that its October revenue totaled 586.89 billion Taiwan dollars (approximately 23.8 trillion won). This represents a 59.7% increase compared to the same month last year and a 14.7% incr…

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(Shanghai=Yonhap News) Correspondent Cha Byeong-seop = Driven by the artificial intelligence (AI) boom, Taiwan's TSMC, the world's largest foundry (semiconductor contract manufacturing) company, [reported] its October revenue (consolidated...

·Seoul, Korea (the Republic of)
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Semiconductor giant Taiwan Semiconductor Manufacturing Co (TSMC) reported a 59.7 percent year-on-year increase in sales to NT$586.9 billion (approximately SEK 175 billion) in October. Compared to September, sales increased by 14.7 percent, according to the company. TSMC – which is a subcontractor to American chipmaker Nvidia and tech giant Apple, among others – recently reported a 51 percent sales increase for the entire third quarter, which end…

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BizToc broke the news on Tuesday, November 10, 2026.
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