TSMC reported its sixth consecutive quarter of record net profit in the third quarter of 2026.
Revenue rose 41.2% year over year. It reached $46.7 billion, exceeding analyst expectations.
Growth was largely driven by the booming artificial intelligence sector. High-performance computing accounted for 68% of total revenue.
TSMC forecast fourth-quarter revenue of $52.3 billion to $54.3 billion.
The stock fell significantly in October amid broader concerns about the sustainability of the AI-driven market rally. It remains up 33% for the year.