Taiwan Semiconductor Manufacturing Company reports a record third-quarter revenue of NT$1.49 trillion ($46.7 billion), representing a 51% surge driven by robust demand for artificial intelligence chips. The results beat analyst expectations of NT$1.46 trillion and outpace the company's own guidance. Meanwhile, competitor Samsung Electronics projects a nine-fold jump in operating profit, signaling a broader boom in the global AI hardware market.
TSMC third-quarter revenue results
- ▪In July 2026, Taiwan Semiconductor Manufacturing Company had projected its third-quarter revenue to be between $44.6 billion and $45.8 billion
- ▪Taiwan Semiconductor Manufacturing Company did not provide any details or forward guidance in its brief third-quarter revenue statement on October 8, 2026
- ▪Taiwan Semiconductor Manufacturing Company reported a record third-quarter revenue of NT$1.49 trillion (approximately $46.7 billion) for the July-September 2026 period, beating analyst estimates of NT$1.46 trillion
- ▪Taiwan Semiconductor Manufacturing Company's revenue for September 2026 alone rose 54.6% year-on-year to NT$511.86 billion
- ▪Taiwan Semiconductor Manufacturing Company's third-quarter revenue growth of 50% to 51% year-on-year was driven by surging global demand for artificial intelligence applications
TSMC stock performance
- ▪Taiwan Semiconductor Manufacturing Company's shares rose 64.52% in 2026 up to October 8, 2026, moving in line with the broader Taiwanese market
- ▪Taiwan Semiconductor Manufacturing Company's Taipei-listed shares closed down 1.35% on October 8, 2026, ahead of the release of its third-quarter revenue data
Samsung earnings projections
- ▪Samsung Electronics announced its earnings projections on October 8, 2026, the same day Taiwan Semiconductor Manufacturing Company released its third-quarter revenue figures
- ▪Samsung Electronics projected its quarterly operating profit would top 100 trillion won, representing a nearly nine-fold jump in third-quarter earnings driven by strong memory sales for artificial intelligence chips
Debatable claims
- ▪The current surge in AI infrastructure spending is sustainable
- ▪TSMC's dominance in advanced chip manufacturing poses an unacceptable risk to the global economy
- ▪Record chip revenues justify the high stock valuations of major semiconductor companies
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