TSMC expects to record profits for the sixth consecutive quarter due to the AI craze
2026-10-12 21:01:43
CoinMeta data: TSMC ( TSMC ) is expected to report record profits for the sixth consecutive quarter on October 15th. Analysts predict net revenue of around NT$746.3 billion (approximately $23.4 billion). With the ongoing increase in demand for AI chips, TSMC's third-quarter net profit is expected to grow by about 65% year-on-year. If the profit exceeds NT$706.56 billion, it will set a new quarterly record and mark the company's 11th consecutive quarter of profit growth. TSMC's third-quarter revenue is expected to reach around NT$1.49 trillion (about $46.71 billion), an increase of 50% from last year. TSMC has also raised its full-year revenue growth forecast, expecting a growth of just over 40% in US dollars.
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Source:Cryptopolitan
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