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Taiwan chip giant TSMC says net profit hit record in third quarter

Euronews Thursday 15 October 2026, 06:43 UTC 1 min read
Key Points

By Angela Barnes with AFP Published on Taiwanese chip giant TSMC said on Thursday that net profit soared 68.7% to a record high in the third quarter, buoyed by massive global demand for AI hardware. It marked the sixth straight record quarterly net profit for TSMC, the world's biggest contract maker of microchips, including those used in Nvidia AI data centre processors. ADVERTISEMENT ADVERTISEMENT TSMC's net profit for July to September surged year-on-year to 763.1 billion New Taiwan...

By Angela Barnes with AFP Published on Taiwanese chip giant TSMC said on Thursday that net profit soared 68.7% to a record high in the third quarter, buoyed by massive global demand for AI hardware. It marked the sixth straight record quarterly net profit for TSMC, the world's biggest contract maker of microchips, including those used in Nvidia AI data centre processors. ADVERTISEMENT ADVERTISEMENT TSMC's net profit for July to September surged year-on-year to 763.1 billion New Taiwan dollars (€23.6bn), beating analyst estimates of NT$739.5 billion (€22.9bn). The result surpassed its previous quarterly record of NT$706.6 billion (€21.9bn) set in April-June 2026. Quarterly revenue rose 50.9% to NT$1.5 trillion (€46.4bn). TSMC shares were down 2.2% ahead of its earnings report. Following the update, it remained in the red.
Taiwan (LOCATION) TSMC (ORG) Angela Barnes (PERSON) Taiwanese (ORG) Nvidia AI (ORG) ADVERTISEMENT ADVERTISEMENT TSMC's (ORG)
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