TSMC October revenue hits record NT$586.89 billion, up 59.7% on AI chip demand

Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, said on Tuesday (10 November) that October consolidated revenue was about NT$586.89 billion (about US$17.88 billion), up 59.7% year on year and 14.7% from September — the highest monthly revenue in the company's history — showing that growth driven by AI chip demand is not slowing.

Monthly record broken again; first ten months up more than 40%

October revenue beat the previous record of NT$514.81 billion set in August by about NT$72 billion. It was up 59.7% from NT$367.47 billion in October 2025 and 14.7% from NT$511.86 billion in September. Revenue for the first ten months of 2026 reached NT$4,485.62 billion, up 43.3% year on year. TSMC will report November revenue on 10 December.

AI demand is the main driver

TSMC does not break down monthly revenue by technology or customer, but the company has said advanced-process demand is driven mainly by AI accelerators and high-performance computing, with major customers including Apple, Nvidia and AMD. Chief Executive C.C. Wei said when third-quarter results were released that demand 'remains far higher than our current ability to supply, and we are working very hard to narrow the gap.' Third-quarter net profit reached a record NT$763.1 billion on revenue of NT$1.49 trillion, with an operating margin of 58.7%.

Capital spending to rise sharply; Taiwan exports surge too

TSMC expects capital expenditure from 2026 to 2028 to be significantly higher than in the previous three years as it expands capacity to meet customer demand; fourth-quarter revenue guidance is US$52.3 billion to US$54.3 billion. Riding the chip boom, Taiwan's exports surged 58.9% year on year in October to US$96.76 billion, with electronic components exports up 61.4%. TSMC shares closed about 2.2% higher in Taipei on Tuesday.

Source: TSMC October revenue release; Focus Taiwan; Associated Press; CNBC; TipRanks, 10 November 2026.