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 19
HKWDB 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
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
6
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
9
Solidion Technology Reaffirms Commitment to Meeting the Growing Energy Storage Needs of AI Data Centers
Solidion Technology indicates that the company will continue to focus on meeting the energy storage needs of artificial intelligence applications and data center infrastructure, with a particular emphasis on advancing its PEAK series UPS systems. The company states that these systems utilize its own 5500 silicon-carbon negative electrode cells, designed to meet the requirements of AI data centers in terms of space occupancy, lifespan, and cost.
PR Newswire
·2026-10-15 16:16:31
16
Corporate default pressures are unlikely to ease before the second half of 2027
Atradius indicates that global corporate defaults are expected to rise by 5% in 2026 and fall by 4% in 2027, but signs of normalization may not appear until the second half of 2027. The company stated that high input costs, trade tensions, high energy prices, and tightened financing conditions are still weighing on businesses.
PR Newswire
·2026-10-15 16:16:29
17
Machi Big Brother Lost $12.2 Million in Trading Wealth During the Crypto Sell-Off
According to Lookonchain, the Hyperliquid account of crypto trader Machi Big Brother increased from $56,000 to $12.25 million within four months, only to fall to around $21,800 due to a forced liquidation. The report states that he subsequently opened a new long Ethereum position with 25 times leverage.
crypto.news
·2026-10-15 16:16:24
19
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