TSMC stock
On October 15, 2026, Taiwan Semiconductor Manufacturing Co. (TSMC) reported record third--quarter 2026 financial results, with net income rising 68.7% year--over--year to NT$763.06 billion (approximately US$23.6 billion) and diluted EPS reaching NT$29.43 (US$4.60 per ADR), surpassing consensus expectations. Consolidated revenue increased 50.9% year--over--year to NT$1.494 trillion (US$46.72 billion), underpinned by intense demand for artificial intelligence accelerators and high--performance computing. Advanced nodes (7nm and below) represented 79% of wafer revenue, led by 3nm at 33% and the newly ramped 2nm process at 8%. Bolstered by strong order momentum, TSMC raised its full--year 2026 revenue growth forecast to approximately 44% in U.S. dollar terms—up from prior guidance of slightly over 40%—while reiterating its full--year capital expenditure plan of $60 billion to $64 billion and projecting fourth--quarter revenue between US$52.3 billion and US$54.3 billion.