Overview
- TSMC posted record Q3 results, beating estimates with NT$990 billion in revenue and NT$452 billion in net income, as advanced nodes made up 74% of wafer revenue and gross margin neared 59.5%.
- The company raised its 2025 revenue growth outlook to the mid‑30% range in U.S. dollars and kept capital spending guidance at up to $42 billion for 2025.
- CEO C. C. Wei said TSMC will accelerate upgrades at its Arizona fabs to bring N2‑class and more advanced processes to the U.S. to meet AI demand, without providing a specific timeline.
- Wei said TSMC is close to securing additional land near its Arizona campus to enable a larger gigafab cluster geared to leading‑edge manufacturing.
- Reports cite plans to invest about $65 billion for three Arizona wafer fabs with roughly another $100 billion envisioned over the coming years, alongside continued investments in Taiwan, Japan, and Germany.