TSMC October Revenue Jumps 59.7% to NT$586.89 Billion as AI Chip Demand Surges
Updated
Updated · CNBC · Nov 10
TSMC October Revenue Jumps 59.7% to NT$586.89 Billion as AI Chip Demand Surges
2 articles · Updated · CNBC · Nov 10
Summary
NT$586.89 billion in October revenue marked a 59.7% year-on-year jump and a 14.7% rise from September for TSMC, extending the chipmaker’s strong 2026 growth.
Advanced semiconductor demand drove the gain as major technology companies kept spending heavily on AI infrastructure, supporting TSMC’s leading-edge production.
Last month, TSMC posted record third-quarter net profit of NT$763.1 billion on revenue of NT$1.49 trillion, while its 58.7% operating margin beat the top end of guidance.
TSMC has said 2026-2028 capital spending will be significantly higher than in the prior three years to meet customer demand, underscoring how AI is lifting both company results and Taiwan’s broader export engine.