Overview
- TSMC, which reported on Thursday, Oct. 15, 2026, posted a record third-quarter net profit of NT$763.06 billion and revenue of NT$1,494.24 billion while delivering an operating margin of 58.7%.
- Leading-edge process nodes made up 79% of wafer revenue in Q3 with 3nm at 33%, 5nm at 28% and 2nm at 8%, and high-performance computing accounted for 68% of total sales.
- Management guided Q4 revenue to $52.3 billion–$54.3 billion, implying 55%–61% year-on-year growth, and kept 2026 capital spending at $60–$64 billion to support capacity ramps.
- TSMC confirmed a multiyear, multibillion-dollar expansion in Arizona with a total U.S. commitment cited at $265 billion and said it is evaluating a potential investment in Texas, putting execution risk squarely on investor watchlists.
- Despite the beat, shares slipped about 3% as investors weighed concentrated AI customer demand, the challenge of scaling leading-edge node ramps, and the costs and timing of the U.S. buildout, which will also affect suppliers and data-center build plans.