TSMC reports record third-quarter profit, sixth straight quarter
Taiwan Semiconductor Manufacturing Co. (TSMC) announced third‑quarter results that beat analysts’ forecasts, posting NT$1.49 trillion ($46.36 billion) in revenue and NT$763.1 billion net income, above the LSEG estimate of NT$746.34 billion. The profit represented a 68.7% year‑over‑year surge, marking the sixth consecutive quarter of record earnings, driven by strong demand for advanced AI chips.
Key points
- TSMC posted NT$763.1 billion net income in Q3, beating LSEG estimate of NT$746.34 billion.
- Revenue reached NT$1.49 trillion ($46.36 billion), a 68.7% YoY increase.
- Company plans $265 billion Arizona fab investment and is reportedly evaluating a Texas expansion.
The company highlighted a 54.6% jump in September revenue to NT$511.86 billion and reiterated its plan to invest $265 billion in a new fab in Arizona. Reuters reported that TSMC is also evaluating a potential expansion in Texas, signalling a broader push to grow its U.S. manufacturing footprint as global AI chip appetite remains high.
TSMC posts record profit for a sixth straight quarter, beating estimates on AI boom
CNBC Technology · 15 October 2026
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