Overview

• TSMC has already signaled roughly 30% third‑quarter revenue growth, and any profit above T$398.3 billion would set a company record and mark a seventh straight quarterly increase.
• Analysts attribute the strength to heavy AI infrastructure orders from major customers such as Nvidia and Apple, with IDC’s Mario Morales forecasting full‑year revenue growth of 30% to 35%.
• Shares have climbed about 30% this year on AI optimism, helping drive a 16.9% gain in Taiwan’s benchmark stock index.
• Policy uncertainty persists as U.S. tariffs on Taiwan’s exports exclude chips and a U.S. proposal to split production 50‑50 between Taiwan and the United States was rejected by Taipei.
• TSMC is investing roughly $165 billion in Arizona fabs, and it will provide fourth‑quarter guidance on Oct. 16 during an earnings call scheduled for 0600 GMT.