Overview

• Official August revenue reached $11.13 billion, up 33% year over year, putting two-month third-quarter sales at NT$658.9 billion versus guidance of NT$939.6 billion.
• Nvidia CEO Jensen Huang praised TSMC and projected global AI infrastructure spending could reach $3 trillion to $4 trillion by the end of the decade.
• Bernstein reaffirmed an Outperform rating on Sept. 10 and forecast third-quarter revenue above TSMC’s guidance, citing robust AI demand and tariff-related pull-ins.
• Stanley Druckenmiller’s Duquesne Family Office has accumulated TSMC shares for four straight quarters after exiting Palantir, signaling rising investor conviction.
• Reporting indicates U.S. tariff threats and TSMC’s Arizona expansion plans pulled some orders into July and August, with current imports noted as exempt from a proposed 100% tariff.