TSMC revenue rises 41% as AI chip demand drives growth

What happened: TSMC reported a 41.1% rise in third-quarter revenue, beating estimates, and guided fourth-quarter sales above market expectations on strong AI chip demand. Key numbers: Q3 revenue $46.72B vs $45.7B expected. EPS per ADR $4.60, beat by 9 cents. Gross margin 66.4%, operating margin 58.7%, net margin 51.1%. Why it matters: Shares fell about 2% premarket as chip stocks faced global pressure over AI infrastructure financing and returns. An analyst said results support strong demand, with operating margins above guidance, though gross margin was below Q2's 67.7%. Market: -3.4% today ($430.12), +35.3% YTD, 1.5x vol — as of 22:46 UTC Coverage: 4 outlets in 24h

TSMC reported a 41.1% rise in third-quarter revenue, beating estimates, and guided fourth-quarter sales above market expectations on strong AI chip demand.

Shares fell about 2% premarket as chip stocks faced global pressure over AI infrastructure financing and returns. An analyst said results support strong demand, with operating margins above guidance, though gross margin was below Q2's 67.7%. Market: -3.4% today ($430.12), +35.3% YTD, 1.5x vol — as of 22:46 UTC