TSMC reported record third-quarter revenue of NT$1,494.24 billion ($46.72 billion), up 50.9% year-over-year, with net income of NT$763.06 billion ($23.59 billion), a 68.7% increase. The company forecasts fourth-quarter revenue of $52.3 billion to $54.3 billion, implying year-over-year growth of 55% to 61%. Gross margin came in at 66.4%, while 2nm chips represented 8% of wafer revenue in Q3, up from just 3% in the prior quarter. TSMC maintained its 2026 capital expenditure guidance at $60 billion to $64 billion, reflecting sustained demand for advanced semiconductors tied to artificial intelligence.
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