TSMC Reports Record Q3 Revenue of $46.71B, Up 50% Year-Over-Year
Taiwan Semiconductor Manufacturing Company (TSM) reported record third-quarter revenue of NT$1.49 trillion ($46.71 billion), a 50% increase year-over-year driven by strong demand for AI applications and semiconductor sales. The results exceeded the LSEG SmartEstimate of NT$1.46 trillion, highlighting continued robust performance in the sector. The surge was also reflected in September revenue alone, which saw significant growth contributing to TSMC's overall quarterly success. As a leading contract chipmaker, this strong financial result underscores ongoing momentum fueled by AI and other advanced technology sectors.
Tickers: $TSM
Topics: AI Demand Revenue Growth Semiconductors