Key points
- TSMC's third-quarter revenue set a record
- Sales came in above the analyst consensus
- Full results and new guidance come October 15
Taiwan Semiconductor Manufacturing Co. (TSM) posted record third-quarter revenue of NT$1.49 trillion, up 51% from a year earlier and above analysts’ forecasts. Its monthly sales figures, completed with the September release on October 8, put revenue 18% above the second quarter.
The total beat the NT$1.46 trillion LSEG SmartEstimate drawn from 19 analysts, according to Reuters. September sales reached NT$511.86 billion, up 54.6% from a year earlier but down 0.6% from August.
The dollar comparison will be clearer October 15
Reuters converted the quarterly total to $46.71 billion at a current exchange rate. That is above TSMC’s July guidance of $44.6 billion to $45.8 billion, but the company’s official dollar result will use the quarter’s average exchange rate.
TSMC will release that figure with its full third-quarter results and updated outlook on October 15. Analysts expect net profit to rise 64% to NT$740.8 billion, according to LSEG.
The AI chip buildout keeps lifting sales
TSMC makes chips for Nvidia (NVDA) and Apple (AAPL), and the surge in revenue reflects demand for AI processors. TSMC reportedly told customers in June to prepare for price increases across its advanced chips. TSMC doesn't comment on pricing.
Revenue for the first nine months of 2026 totaled NT$3.90 trillion, up 41.1% from the same period last year.
TSMC's Taipei-listed shares closed down 1.35% on October 8, before the revenue data came out. The US-listed shares were at $466.80 in premarket trading at 9:07 a.m. ET, down 1.1% from the October 7 close, while the VanEck Semiconductor ETF (SMH) was down 1.4%.
