Levi Strauss Beats Q3 Profit Estimates, Raises 2026 Outlook 
Anthropic Expands Claude Access for Cyber Defense Teams 
US Grants Aurora Five-Year Exemption for Self-Driving Trucks 
Florida Seeks Tougher Meta Rules to Protect Young Users 
Robinhood Buys $25 Million in Bitcoin for Corporate Treasury 
Nomura Asset Management Targets Global Investors as Japan Markets Gain Appeal 
San Francisco Halts New Data Center Construction With 45-Day Moratorium 
Broadcom, Oracle and SpaceX Seek Billions in Private Debt for AI Expansion 
Europol Warns Bitcoin Wallets Face Quantum Computing Risk 
Zcash NU7 Testnet Cuts Block Time to 25 Seconds 
Firmus Grid IPO Draws Strong Demand, Nvidia and Blackstone Could Raise Stakes 
Kazakhstan and Tether Explore Tenge Stablecoin and RWA Tokenization 
TikTok Accused of Testing Fake Safety Tools on Users 
Solidigm Taps Goldman, Morgan Stanley for $10 Billion US IPO 
HSBC Plans Deep UK Wealth Job Cuts in AI Push 
OpenAI, Anthropic Back Mandatory AI Breach Reporting in Australia 
Add as a preferred source on Google
Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, reported stronger-than-expected third-quarter revenue on Thursday, driven by accelerating demand for artificial intelligence (AI) chips and advanced semiconductor technology.
TSMC's revenue for the third quarter of 2026 reached approximately NT$1.49 trillion ($46.7 billion), representing a 50% increase from the same period last year. The result exceeded the NT$1.46 trillion forecast from analysts surveyed by Bloomberg, highlighting continued momentum in the global AI semiconductor market.
The Taiwanese chip manufacturer also reported September revenue of NT$511.86 billion, marking a 55% year-on-year increase. However, the figure declined slightly by 0.6% compared with August, indicating a modest monthly slowdown despite robust annual growth.
Despite the positive revenue performance, TSMC shares listed in Taipei declined more than 1% to NT$2,555.0 by 05:45 GMT on Thursday.
The company's strong financial performance reflects sustained demand for high-performance processors used in AI applications, cloud computing infrastructure, and data centers. Major technology companies, including Nvidia, Advanced Micro Devices (AMD), and Apple, remain among TSMC's key customers, relying on its advanced manufacturing capabilities to produce increasingly sophisticated chips.
For the first nine months of 2026, TSMC generated NT$3.90 trillion in revenue, representing a 41.1% increase compared with the corresponding period in 2025. The substantial growth underscores the company's critical position in the expanding global semiconductor industry.
As artificial intelligence adoption accelerates worldwide, demand for advanced chipmaking technology continues to strengthen. TSMC has responded by expanding its manufacturing capacity to support growing orders from technology companies developing AI accelerators, processors, and next-generation computing systems.
Beyond Taiwan, the semiconductor giant is increasing investments in overseas manufacturing facilities, particularly in the United States. These expansion efforts align with government initiatives aimed at strengthening domestic semiconductor production and reducing reliance on concentrated global supply chains.
TSMC's latest revenue figures reinforce its leadership in advanced semiconductor manufacturing, with AI-driven demand remaining a major growth catalyst as technology companies continue investing heavily in computing infrastructure.
