TSMC Reports 70% Profit Jump in Q3 2026, Driven by Sustained AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) announced a nearly 70% increase in net profit for the third quarter of 2026, reaching approximately NT$763 billion, with revenue up 41.1% year-over-year to $46.87 billion. These results indicate a continued acceleration of the AI chip boom.