TSMC's September sales reached NT512 billion, up 55% year over year, and third-quarter sales hit NT1.49 trillion, up 51%. At 32 NTD to USD, Q3 revenue is about $46.7 billion, up 41% from a year earlier and accelerating from 34% growth in Q2, above both analysts' expectations and the company's own forecast of $44.6 to $45.8 billion. The article attributes the growth to strong AI chip demand, a faster ramp of 2nm production, price increases, and expanded capacity, including new facilities in Arizona. It notes the stock trades at 27 times earnings, while management's target is 25% average annualized sales growth for 2024 to 2029, a goal it is well ahead of.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.5T |
| Close on 10/12/2026 | 226.32 |
| Change that session | -1.29% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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