Taiwan chip giant TSMC says net profit hit record in third quarter

FILE - A Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC) logo is seen at the headquarters in Hsinchu, Taiwan, Oct. 20, 2021. (AP Photo/Chiang Ying-ying, File) - Copyright AP Photo

By Angela Barnes with AFP

Published on 15/10/2026 - 8:43 GMT+2

Taiwanese chip giant TSMC said on Thursday that net profit soared 68.7% to a record high in the third quarter, buoyed by massive global demand for AI hardware.

It marked the sixth straight record quarterly net profit for TSMC, the world's biggest contract maker of microchips, including those used in Nvidia AI data centre processors.

TSMC's net profit for July to September surged year-on-year to 763.1 billion New Taiwan dollars (€23.6bn), beating analyst estimates of NT$739.5 billion (€22.9bn).

The result surpassed its previous quarterly record of NT$706.6 billion (€21.9bn) set in April-June 2026.

Quarterly revenue rose 50.9% to NT$1.5 trillion (€46.4bn).

TSMC shares were down 2.2% ahead of its earnings report. Following the update, it remained in the red.

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Taiwan chip giant TSMC says net profit hit record in third quarter

Taiwanese chip giant TSMC said on Thursday that net profit soared 68.7% to a record high in the third quarter, buoyed by massive global demand for AI hardware.

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