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TSMC posts record Q3 profit, driven by strong AI chip demand and plans US expansion.

Company Fundamentals
15 Oct 2026
CNBC
View Source
Bullish
TSMC posts record Q3 profit, driven by strong AI chip demand and plans US expansion.

Taiwan Semiconductor Manufacturing Co. (TSMC) reported a record third-quarter net profit of NT$763.1 billion, a 68.7% increase from the previous year, surpassing analyst expectations. The company's revenue also rose to NT$1.49 trillion, fueled by sustained global demand for advanced AI chips. TSMC continues to see strong monthly sales growth and plans to expand its U.S. manufacturing footprint with a $265 billion investment in Arizona, while also considering further expansion in Texas. This growth highlights TSMC's leading position in the semiconductor industry amid rising demand for AI technology.

TSMC shares on Pluang are trading at USD 421.26 as of Oct 15, 2026 12:41 WIB, down 2.03% for the day, which contrasts with the company's record profit announcement. The stock remains well above its 52-week low of USD 275.06 but below its 52-week high of USD 485.80, reflecting some market caution despite strong earnings. Investor interest leans more toward buying, with 67% of Pluang orders favoring purchases over sales.

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