TSMC shares rise ahead of closely watched Q3 earnings

What happened: TSMC shares rose as investors awaited its Q3 earnings report, with the chipmaker expected to post another record quarter. Key numbers: Shares rose 1.4% to T$2,525. Expected net profit of T$746.3 billion ($23.4 billion), up 65% from Q3 2025. Q3 revenue was T$1.49 trillion, up 50% year over year. Why it matters: The results would mark a sixth straight quarter of record profits and a tenth straight quarter of earnings growth, driven by AI chip demand. Focus will be on TSMC's outlook for chip demand, AI, and capacity expansion, which is expected to slightly pressure margins. Market: -3.9% today ($1,650.00), +42.3% YTD, 1.9x vol — as of 22:46 UTC

TSMC shares rose as investors awaited its Q3 earnings report, with the chipmaker expected to post another record quarter.

The results would mark a sixth straight quarter of record profits and a tenth straight quarter of earnings growth, driven by AI chip demand. Focus will be on TSMC's outlook for chip demand, AI, and capacity expansion, which is expected to slightly pressure margins. Market: -3.9% today ($1,650.00), +42.3% YTD, 1.9x vol — as of 22:46 UTC