NewsNewsDetails
TSMC's third-quarter profits exceeded expectations, maintaining high growth
The Block
1h ago
Ai Focus
TSMC stated that its net profit in the third quarter increased by 69% to NT$763.1 billion, approximately $23.6 billion, exceeding analysts' expectations; sales for the same period also rose by 51% to $47 billion, surpassing expectations as well. The company also mentioned that this year's capital expenditure is set to reach up to $64 billion, a record high.
Helpful
No.Help

TSMC's profits in the third quarter exceeded expectations, and despite growing concerns regarding the long-term prospects of infrastructure construction in artificial intelligence ( AI ), the company maintained rapid growth.

This global key chip manufacturing company stated that its net profit increased by 69% to NT$763.1 billion (US$23.6 billion), exceeding the average expectations of analysts. Previously, the company announced that its sales for that quarter increased by 51% to US$47 billion, also surpassing expectations.

As the exclusive manufacturer of NVIDIA and Apple's most advanced semiconductors, TSMC's strong performance stands in sharp contrast to the increasingly pessimistic sentiment in the market regarding AI stocks. Downstream from TSMC, concerns about investment returns and long-term financing are impacting companies such as CoreWeave, a cloud computing service provider and also a customer of NVIDIA. The stock and bond prices of CoreWeave both plummeted on Wednesday.

TSMC has seen accelerated revenue growth in the past two quarters and has increased its capacity expansion efforts. The company stated that this year's capital expenditure is expected to reach up to $64 billion, setting a new historical high.

Tip
$0
Like
0
Save
0
Views 25
HQYC reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”，and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
Control Risks appoints Chris Holt MBE as the Head of Global Consulting and Risk Advisory Services
Control Risks Announces the Appointment of Chris Holt as Global Head of Consulting and Risk Advisory Services. The company states that he will lead an international team to help clients prepare for, respond to, and recover from major events that threaten personnel, assets, operations, reputation, and corporate value.
PR Newswire
·2026-10-15 17:16:16
5
Australia plans to implement new regulations for crypto exchanges in 2027
The Australian Securities and Investments Commission (ACMA) launched a consultation on new regulations for cryptocurrency trading and custody platforms on October 15, 2026, with feedback due by November 27. Under the proposed framework, new licensing applications will be open from April 8, 2027, and existing operators must apply for authorization or renew their current licenses by October 7, 2027. The regulations also cover customer asset custody, transaction transparency, conflicts of interest, and require a capital base of up to A$14 million.
crypto.news
·2026-10-15 16:56:20
24
Airbnb CEO Brian Chesky says he writes at most one email a week because it "feels like working" and is not as convenient as sending text messages.
Airbnb CEO Brian Chesky told Time that he might not even manage to write an email in a week, as he believes emails are "almost inferior" to other forms of communication, especially text messages. He also mentioned that he prefers to make phone calls, send text messages, or communicate in person, and noted that several CEO also maintain contact during their off-work hours.
Fortune
·2026-10-15 16:56:17
21
JD.com Announces the Establishment of the World's Largest Blue-Collar Training System, Moving Towards Becoming the Largest Modern Productive Services Enterprise in China
At the launch event for JD.com's Double 11 in 2026, JD.com announced the establishment of the world's largest blue-collar training system, stating that it is moving towards becoming the largest modern productive service enterprise in the country. JD.com revealed that its blue-collar training bases cover a total area of over 500,000 square meters, and have trained more than one million blue-collar workers to date, with another million planned to be trained in the next three years. Meanwhile, its service network has covered the entire country, serving over 10 million corporate clients, and by 2025, the scale of JD.com's productive services is expected to exceed 300 billion yuan.
The Block
·2026-10-15 16:45:06
24
TSMC's Wei Zhijia stated that they are evaluating Musk's Terafab wafer factory project; Texas is one of the options for expansion in the United States
According to a report by the Taiwanese media "Tai Po," TSMC's chairman and president, Wei Zhijia, stated that the company has sent a team from Arizona to Texas for an assessment and has conducted preliminary discussions with clients regarding the details and principles of Tesla's Terafab superfab project. He emphasized that if cooperation is initiated between the two parties, the factory must be operated by TSMC.
The Block
·2026-10-15 16:35:56
20
View More
Latest from Author
Refresh
arrow
Mechanical hand that can walk on fingertips has been developed
Mechanical hand that can walk on fingertips has been developed
09-29 14:14   344peopleViews
News reports that Apple's iPhone 18 Pro series sold nearly 1.3 million units in China within 7 days of its launch.
News reports that Apple's iPhone 18 Pro series sold nearly 1.3 million units in China within 7 days of its launch.
09-27 21:59   397peopleViews
News: Changan Automobile Establishes the AD Collaborative Development Department; Avita and Deep Blue Begin Substantive Integration
News: Changan Automobile Establishes the AD Collaborative Development Department; Avita and Deep Blue Begin Substantive Integration
09-27 21:59   371peopleViews
Recommended