TSMC Reports Strong Q3 Revenue, Citing High Demand for AI Chips

Taiwan Semiconductor Manufacturing Company (TSMC) reported third-quarter revenue of $46.7 billion, exceeding its own forecasts. The company's chairman and CEO, C.C. Wei, indicated that demand for AI chips continues to significantly outpace current supply capabilities. Revenue from high-performance computing, which includes AI chips, climbed 22% sequentially in the third quarter, now accounting for 68% of TSMC's total revenue. TSMC anticipates its 2026 revenue to increase by approximately 44% in U.S. dollars.