Market News / Story
TSMC's Q3 revenue jumps 50% Y/Y to record NT$1.49T, beating market forecast
Seeking Alpha ·
Seeking Alpha reports: TSMC , the world’s largest contract chipmaker, reported record Q3 revenue of NT$1.49T ($46.71B), up 50% Y/Y, as surging demand for AI applications continued to drive semiconductor sales. Its Q3 revenue exceeded the LSEG SmartEstimate of NT$1.46T. September revenue alone rose 54.6% Y/Y to NT$511.86B. The figure was down 0.6% from August. The July-September revenue also came above TSMC’s own Q3 guidance of $44.6B to $45.8B. The company had forecasted a gross margin of…