TSMC Reports Significant Revenue Increase Driven by Strong AI Chip Demand

Taiwan Semiconductor Manufacturing Co (TSMC) reported a 59.7% year-over-year increase in October 2026 revenue, reaching NT$586.89 billion. This substantial growth, also up 14.7% from September, highlights the robust global demand for AI chips and TSMC's critical role in expanding AI infrastructure. The company plans record capital expenditures of up to US$64 billion this year, including building approximately 20 new factories.