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TSMC Q3 2026 revenue hits record on AI chip demand
Yahoo Finance • • business
Key Points:
- Taiwan Semiconductor Manufacturing Co (TSMC) reported record third-quarter revenue of approximately NT$1.49 trillion, marking a 39% increase compared to the same period in 2025.
- September net revenue reached NT$511.86 billion, up 54.6% year-over-year but slightly down 0.6% from August 2026.
- Revenue for the first nine months of 2026 totaled NT$3.9 trillion, a 41.1% rise from the same period in 2025.
- The company's growth is driven by strong demand for advanced AI chips, with major customers including Nvidia and Apple.
- Despite the strong revenue figures, TSMC's stock fell 1.35% at Thursday's market close before the earnings release; full third-quarter results are expected next week.
