TSMC, the world's largest contract chipmaker, reported third-quarter net profit surged 68.7% year on year to a record, driven by strong global demand for AI hardware. It marked the sixth straight quarterly record, and the company makes chips used in Nvidia's AI data center processors. Net profit for July to September reached NT$763.1 billion (€23.6bn), beating analyst estimates of NT$739.5 billion (€22.9bn) and topping the previous record of NT$706.6 billion (€21.9bn) set in April–June 2026. Revenue rose 50.9% to NT$1.5 trillion (€46.4bn). Shares fell 2.2% ahead of the earnings report and remained down after the release.
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/14/2026 | 221.30 |
| Change that session | -3.16% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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