Overview
- TSMC reported October revenue of NT$367.47 billion (about $12 billion), up 11% from September and 16.9% from a year earlier, the slowest annual pace since February 2024 according to Bloomberg.
- Revenue for January through October reached NT$3.13 trillion, a 33.8% increase from the same period in 2024, underscoring strong year‑to‑date performance.
- TSMC shares rose roughly 3% in premarket trading following the October report, reflecting investor focus on continued AI-driven orders.
- Nvidia CEO Jensen Huang said he asked TSMC for additional wafer supply, and TSMC CEO C. C. Wei confirmed the request.
- TSMC reiterated its AI exposure with earlier guidance for fourth‑quarter revenue of $32.2 billion to $33.4 billion and continued North America build‑out, including a new regional CEO and Arizona operations reaching first profit in 2025.