TSMC reports record Q3 revenue up 50% to T$1.49T, beating forecasts and its own guidance on AI demand

What happened

TSMC, the world's largest contract chipmaker, reported record third-quarter revenue of T$1.49 trillion (~$46.7 billion) on Thursday, up 50% year over year and above the LSEG SmartEstimate of T$1.46 trillion drawn from 19 analysts. September revenue alone rose 54.6% to T$511.86 billion, near August's all-time monthly high. The quarter also beat TSMC's own July guidance of $44.6-45.8 billion. The company gave no forward guidance in the brief sales statement; full Q3 earnings land next Thursday (Oct 15).

Who’s affected

• TSM/TSMC (direct: beat top-line expectations but no new guidance
• Taipei shares fell 1.35% pre-release, ADR -1.1% premarket)
• NVDA (Nvidia, key TSMC customer — validates AI chip order flow)
• AAPL (Apple, key customer — demand signal for advanced nodes)
• MU (Micron: memory-side contrast — Samsung's memory read-through weighed on MU, down ~1% overnight despite TSMC's beat)
• AVGO, MRVL, AMD (custom-silicon/AI-infrastructure read-through
• Marvell just raised FY28/FY31 targets at its investor day)
• SOX/philadelphia semiconductor index broadly

Sources

reuters.combarrons.comstocktwits.com