Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, reported record consolidated revenue of NT$586.89 billion (approximately $17.88 billion) for October 2026. The company attributed the result to sustained, strong demand for advanced chips used in artificial intelligence (AI).

Revenue rose 59.7% from October 2025 and 14.7% from September 2026. Demand for AI and high-performance computing applications, which rely on TSMC’s advanced manufacturing processes, helped drive the increase.

The strong start to the quarter positions TSMC well to meet its fourth-quarter financial goals.

For the first ten months of 2026, cumulative revenue reached NT$4.49 trillion, up 43.3% from the same period a year earlier.