TSMC ( TSMC ) announced its financial results for the third quarter of 2026 on October 15th. Net profit increased by nearly 69% year-on-year to NT$763.06 billion (about $23.55 billion), setting a new record high and exceeding the market's expectation of NT$746.3 billion. This marks TSMC's sixth consecutive quarter of breaking net profit records, as well as its eleventh consecutive quarter of profit growth. During the same period, revenue increased by 50% year-on-year to NT$1.49 trillion, with a gross margin of 66.4%, reflecting the ongoing demand for artificial intelligence chips driving the growth of its advanced semiconductor manufacturing business.

Net profit has reached new highs for six consecutive quarters, with a net profit margin exceeding 50%.

TSMC's net profit in the third quarter reached NT$763.06 billion, an increase of nearly 69% compared to the same period last year and about 2.2% higher than the general expectations of analysts. During the same period, revenue amounted to NT$1.49 trillion, a year-on-year increase of 50%, indicating that the company's business scale continues to expand rapidly. In terms of profitability, TSMC's gross margin in the third quarter was 66.4%, operating profit margin reached 58.7%, and net profit margin was 51.1%.

Judging from its performance, TSMC has not only achieved significant growth in revenue and profits but also maintained a high level of profit margin.

3-nanometer and 2-nanometer chips contribute 41% of wafer revenue combined.

Advanced process business is a significant highlight of TSMC's financial report this time. In the third quarter, 3-nanometer process chips contributed 33% of wafer revenue, while 2-nanometer process chips accounted for 8%, with both together making up 41% of wafer revenue. As the AI model training and inference place higher demands on computational performance and energy efficiency, chip design companies such as NVIDIA continue to rely on advanced semiconductor manufacturing processes to produce high-performance processors.