TSMC October Revenue Hits Record NT$586.89 Billion

According to Taiwan Semiconductor Manufacturing Company (TSMC), the company reported record monthly revenue of NT$586.89 billion (approximately US$17.88 billion) for October 2026, marking a 59.7% increase year over year and a 14.7% rise from September. The results, announced on November 10, represent the highest monthly revenue in the company's history.

For the first ten months of 2026, TSMC generated approximately NT$4.49 trillion in cumulative revenue, up 43.3% compared with the same period last year.

As the world's largest contract chipmaker, TSMC continues to benefit from growing demand for advanced semiconductors. Major technology companies are maintaining substantial investments in artificial intelligence (AI) infrastructure, driving demand for advanced chips used in data centers and other high-performance computing applications.

Last month, TSMC reported record third-quarter net income of NT$763.1 billion, exceeding market expectations. Revenue for the quarter reached NT$1.49 trillion, reflecting continued strength in semiconductor demand.

During its latest earnings conference, TSMC also provided its outlook for the fourth quarter. Chief Financial Officer Wendell Huang projected a median gross margin of 66%. The outlook reflects margin dilution from the rapid ramp-up of 2nm production capacity and the expansion of overseas fabrication facilities. These pressures are expected to be partially offset by cost optimization initiatives, including improved manufacturing efficiency and capacity optimization across process technologies.

Looking further ahead, TSMC expects its capital expenditures from 2026 through 2028 to be significantly higher than those recorded over the previous three years. The company plans to continue increasing investments to support customer demand and expand its advanced semiconductor manufacturing capacity. Meanwhile, its third-quarter operating margin reached 58.7%, exceeding the upper end of its previous guidance range of 58%.