TSMC October revenue jumps 59.7% to NT$586.9 billion on AI chip demand

Nov 10, 2026
TSMC reported October revenue of NT$586.89 billion ($17.88 billion), up 59.7% from a year earlier and 14.7% from September, CNBC reports.

TSMC reported October revenue of NT$586.89 billion ($17.88 billion), up 59.7% from a year earlier, according to CNBC. Revenue increased 14.7% from September as major technology companies continued spending on advanced chips for artificial intelligence.

TSMC previously reported record third-quarter net profit of NT$763.1 billion and revenue of NT$1.49 trillion. Its operating margin reached 58.7%, above the top of its guidance range.

The chipmaker expects capital spending from 2026 to 2028 to be significantly higher than during the previous three years as it continues to invest to support customer demand. Its shares closed 2.24% higher on Tuesday, and Taiwan's October exports rose 58.9% from a year earlier to $96.76 billion, government data showed.

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