TSMC posts record Q3 net profit on AI chip demand
Taiwan Semiconductor Manufacturing Co. reported a 69% jump in Q3 net profit to T$763.06 billion, driven by strong AI chip sales, marking a new company record.
Key points
- Net profit rose 69% YoY to T$763.06 billion ($23.55 billion).
- Revenue increased 50% to T$1.49 trillion, led by AI chip demand.
- Gross margin 66.4%, operating margin 58.7%.
- CFO Wendell Huang said capital spending will be significantly higher and gross‑margin dilution about 2% in 2026.
Taiwan Semiconductor Manufacturing Co. (TSMC) announced third‑quarter results for the period ending September 30, 2026.
Net profit rose 69% year‑over‑year to T$763.06 billion (approximately $23.55 billion), setting a new record.
Consolidated revenue increased 50% to T$1.49 trillion, driven by strong demand for artificial‑intelligence chips.
Gross margin was 66.4% and operating margin was 58.7% for the quarter.
CFO Wendell Huang said capital spending will be “significantly higher” and that gross‑margin dilution will be about 2% in 2026, with an expected 0.4 percentage‑point drop in fourth‑quarter gross margin.
Your questions, answered
What was TSMC's Q3 net profit?
TSMC's Q3 net profit was T$763.06 billion, up 69% year‑over‑year.
What drove TSMC's revenue growth?
Revenue growth was driven by strong demand for artificial‑intelligence chips.
How does this story make you feel?
Topics
Up next · BusinessFannie Mae raises 2027 mortgage rate forecast to 7.5%
