TSMC reports record quarterly profit driven by demand for AI chips
TSMC reported a record sixth consecutive quarterly profit, with strong demand for advanced chips and a 50.9 percent rise in quarterly revenue. It forecasts 2026 revenue growth at 44 percent and is considering a new facility in Texas.
- TSMC reported its sixth consecutive record quarterly profit, with net profit surpassing its previous record of NT$706.6 billion.
- TSMC chief executive C.C. Wei stated demand for advanced chips remains extremely robust.
- TSMC's third-quarter operating margin was 58.7 percent.
- TSMC forecasts fourth-quarter revenue between $52.3 billion and $54.3 billion, raises its capex forecast to $60–64 billion, and projects 2026 revenue growth at 44 percent, with quarterly revenue up 50.9 percent to NT$1.5 trillion.
- TSMC is considering building another facility in Texas.
Outlets: Business Recorder, Financial Times, Focus Taiwan, Free Malaysia Today, Handelsblatt, International: Top News And Analysis, Le Temps, MarketWatch, Moneyweb, Nikkei Asia, The Korea Herald, Trouw, de Volkskrant
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