TSMC October 2026 revenue jumps about 60% YoY on AI chip demand
Taiwan Semiconductor Manufacturing reported October consolidated sales up 59.7% year‑over‑year and 14.7% month‑over‑month, driven by strong demand for AI‑related chips. The company said 10‑month sales rose 43.3% to NT$4.49 trillion and forecast fourth‑quarter sales of US$52.3‑54.3 billion, revising its full‑year growth outlook to roughly 44% in dollar terms. TSMC also indicated higher capital expenditures through 2028 to expand capacity.
Why it matters
The company expects the revised 44% full‑year growth and higher capex to support continued revenue expansion, which could improve earnings outlook. Analysts view the strong October start as a positive signal for the December quarter.
Key facts
- 1October consolidated sales increased 59.7% year‑over‑year. focustaiwan.tw
- 2October sales rose 14.7% from September. focustaiwan.tw
- 3Revenue for the first ten months of 2026 grew 43.3% to NT$4.49 trillion. focustaiwan.tw
- 4TSMC forecast fourth‑quarter consolidated sales of US$52.3‑54.3 billion. focustaiwan.tw
- 5Full‑year sales growth outlook was raised to about 44% in U.S.‑dollar terms. focustaiwan.tw
- 6Shares rose 2.24% on the day of the release. cnbc.com
Open questions
- October revenue is reported as NT$586.89 billion in material 8 but as NT$367.47 billion in material 10, both on the same basis.
Summary written by AlphAI AI Desk from 15 of 15 sources. Not investment advice. Figures are as stated by the linked sources.