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TSMC Posts Record Quarterly Revenue as AI Demand Surges

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By TaiwanPlus

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Taiwan chipmaker TSMC has reported its highest quarterly revenue on record, fueled by strong global demand linked to the AI boom. The company said third-quarter revenue rose 50 percent from a year earlier to more than US$46 billion, exceeding both its own forecasts and market expectations. Investors are now looking ahead to next week’s earnings call, where executives are expected to address key issues including the company’s global expansion plans. TSMC is a key driver of Taiwan’s stock market, accounting for more than 40% of the market capitalization of the Taiex, the Taiwan Stock Exchange’s benchmark index.

TSMC Posts Record Quarter

REPORTER:  
As AI booms globally, TSMC has posted its biggest quarterly revenue figures ever.  
The Taiwanese chip giant says third-quarter revenue jumped 50 percent from a year ago to more than 46 billion US dollars, beating both company and market expectations. Investors now have eyes on next week's earnings call, where executives are expected to discuss key topics like the company’s global expansion. TSMC makes up over 40 percent of market cap in the Taiex, the Taiwan Stock Exchange’s benchmark index.

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TSMC Posts Record Quarter

REPORTER:  
TSMC posted its biggest-ever quarterly revenues on Thursday amid the global AI boom.  
The chipmaking giant says third-quarter revenue jumped 50 percent from a year ago to more than 46 billion U.S. dollars, beating both company and market expectations. In September alone, revenue rose nearly 55 percent year-on-year to over 16 billion US dollars. Investors are now watching next week's earnings call, where executives are expected to discuss topics including its US expansion, pricing and visibility into AI demand.