TSMC Q3 Revenue Rises 50% to Record $46.7 Billion
TSMC on Thursday reported record third-quarter revenue of NT$1.49 trillion (about $46.71 billion), up 50% from a year earlier and ahead of market expectations.
What happened
The world's largest contract chipmaker reported Thursday that Q3 revenue reached NT$1.49 trillion ($46.71 billion), up 50% from a year earlier and ahead of the NT$1.46 trillion LSEG SmartEstimate drawn from 19 analysts. The company attributed the surge to booming demand for AI applications. TSMC is a major supplier to companies including Nvidia and Apple.
On the same day, GlobalFoundries announced a five-year manufacturing agreement with TSMC to produce a key advanced-packaging component in New York.
Key facts
Q3 revenue of NT$1.49 trillion ($46.71 billion), up 50% year on year — an all-time record.
Beat the consensus: the LSEG SmartEstimate from 19 analysts was NT$1.46 trillion.
September monthly revenue reportedly rose 54.6% year on year.
Growth driver: the company attributed growth to demand for AI applications; TSMC supplies Nvidia, Apple and others.
Why it matters
Third-quarter revenue reached NT$1.49 trillion, up 50% year on year and a record, above the NT$1.46 trillion estimate from 19 analysts; September revenue alone reportedly rose 54.6% year on year.
CompaniesTSMC
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