TSMC's October Revenue Jumps as AI Demand Lifts Sales, Capex Plans Build

October results and market reaction

TSMC's October sales climbed to NT$586.89 billion, or $17.88 billion, rising 59.7% from a year earlier and 14.7% from the prior month. Management tied the step up to robust appetite for advanced chips as major tech firms keep pouring money into artificial intelligence.

TSMC finished Tuesday up 2.24% in Taiwan trading, even as local markets swung.

Margins, profits and the capex path

Last month, the chipmaker reported a record third quarter, with net profit of NT$763.1 billion as revenue reached NT$1.49 trillion and operating margin printed 58.7%. That margin surpassed the firm's guidance ceiling of 58%.

Looking ahead, TSMC said it expects capital spending during 2026 to 2028 to come in far above the preceding three year period, aligning investment with customer needs.

Savvy investors quietly look for new tools that can sharpen their decision making. We're hosting our first ever investor livestream on 11/17 to show you how to use ChatGPT and Claude to invest like a pro, hosted by Briefs Finance CEO Jaspreet Singh. Save your seat.

Policy shifts and export strength

Taiwan's financial regulator tightened short selling last week, with new limits effective Monday that cut the daily cap on intraday short selling orders from 30% to 3%.

Government figures show Taiwan's exports jumped 58.9% in October versus a year ago, reaching $96.76 billion. Local media, citing the finance ministry, said electronic components shipments jumped 61.4%, helped by strong demand for advanced chips.

Learning how to use intelligent tools can help investors stay confidently ahead of change. On 11/17, our CEO Jaspreet Singh goes live for our first ever investor livestream on how to use ChatGPT and Claude to invest like a pro. Register to join him.