Business · 2026-10-15 · Morning briefing

TSMC posts sixth straight record profit on AI boom

Taiwan Semiconductor Manufacturing Co. posted its sixth consecutive quarter of record net profit, powered by the global demand for artificial intelligence chips. The world's largest contract chipmaker reported a third-quarter net profit of NT$763.1 billion, a 68.7% increase from a year earlier, on revenue of NT$1.49 trillion ($46.36 billion).

The results were driven by high-performance computing, which now accounts for 68% of the company's revenue, while smartphones make up just 21%. Its most advanced 3-nanometer chips contributed a third of total revenue, a new milestone. The company's operating margin reached 58.7%, exceeding its own guidance and showcasing significant pricing power.

TSMC is using its windfall to expand its manufacturing footprint beyond Taiwan. The company has already outlined a planned investment of $265 billion for new facilities in Arizona and is now reportedly evaluating a further expansion into Texas.

Summary written by Cup of News with AI from the sources below. Check the originals for the full story.

Read the sources

• TSMC posts record profit for a sixth straight quarter, beating estimates on AI boom
• TSMC posts sixth straight quarter of record profit on AI boom; market cap nearly double Samsung Electronics’
• TSMC's AI-fuelled profit streak hits sixth straight record in 3Q26, but 2nm expansion weighs on margins
• TSMC expects record profit for sixth consecutive quarter amid AI boom
• TSMC set for sixth straight record profit on AI chip demand

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