The company reported a third quarter net income of NT$763.1B, up 68.7% from a year ago, marking its sixth consecutive quarter of record earnings. Revenue for the period reached $46.72B, with high performance computing accounting for 68% of sales and 2nm technology contributing 8% of wafer revenue. Despite a fourth quarter revenue guide of $52.3B to $54.3B, shares fell 1.6% in pre-market trading on Oct. 15 as investors weighed long-term expenditure risks.
Tuesday, October 20, 2026
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TSMC CEO Says AI Demand Far Exceeds Supply Despite Overcapacity Fears
Earnings6 days ago
TSMC leadership has pushed back against claims that the artificial intelligence buildout is unsustainable, asserting that there is no current ceiling on the company's profitability. CEO C.C. Wei informed analysts that the appetite for AI accelerators remains "very, extremely strong" and could exceed previous projections of a 50% compound annual growth rate through 2029. To verify these trends, management monitors data center construction on-site and reviews the financial condition of its customers to ensure hardware capacity is not being overbuilt.
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