Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, reported its strongest quarterly revenue for the three months ended in September. Sales rose 50% year‑on‑year to NT$1.49 trillion (about US$46.71 billion), a jump the company attributed to rapidly increasing demand for artificial‑intelligence chips.
Analysts polled by LSEG had expected quarterly revenue of NT$1.46 trillion, so TSMC’s reported top line beat the consensus and comfortably exceeded the company’s own July guidance range of US$44.6–45.8 billion.
September was an especially robust month: on a Taiwanese dollar basis the company recorded a 54.6% increase in revenue for the month, amounting to NT$511.86 billion.
With an approximate market capitalization of US$2.1 trillion, TSMC ranks as Asia’s most valuable listed company. The firm is scheduled to publish its full third‑quarter earnings report next Thursday. LSEG’s expectations indicate that net income could rise about 64% year‑on‑year to NT$740.8 billion.
TSMC’s Taipei‑listed shares fell 1.35% ahead of the revenue release; nevertheless, the stock has rallied roughly 64% so far this year.
TSMC manufactures chips for major designers including Nvidia, Apple and AMD. The company has also been contemplating further major U.S. investments: alongside a reportedly US$265 billion program in Arizona, Texas has been considered as a potential next site. Such expansion would increase U.S. semiconductor manufacturing capacity and could reshape elements of global supply chains.
Other large chipmakers have also reported favorable results: Samsung Electronics on Thursday issued a strong preview for Q3, with operating profit potentially exceeding 100 trillion won and net profit possibly increasing about ninefold, driven by the surge in demand for AI chips.
In sum, TSMC’s record quarterly revenue reflects the accelerating appetite for AI semiconductors; investors and market watchers are now awaiting the company’s detailed quarterly results next week.
