TSMC Q3 sales up 17.6% q/q as September revenue holds near August level

Tipranks+2 · 4 hours ago
TSMC Q3 sales up 17.6% q/q as September revenue holds near August level
  • TSMC reported September 2026 revenue of NT$511.86 billion, up 54.6% y/y and down 0.6% m/m.
  • Nine-month 2026 revenue rose 41.1% y/y to NT$3.90 trillion.
  • TECHi's sum of July to September monthly figures gives Q3 revenue of NT$1.494 trillion, up 17.6% from Q2. The monthly figures are unaudited.
  • TSMC Development lent NT$3.83 billion to TSMC Washington and provided guarantees to North American and global wholly-owned units.
  • At TSMC's assumed rate of NT$32 per US dollar, the Q3 monthly total is about 2.0% above the top of the US$44.6 billion to US$45.8 billion guidance range. This is a TECHi constant-rate calculation, not a reported figure.
  • Wedbush says stronger-than-expected Q3 sales are a positive sign for TSMC's Q4. Shares rose 1.4% in premarket trading on Friday.
  • Analysts maintain a Buy rating on TSM with a $665.00 price target, citing strong financial performance and an upbeat outlook on AI/HPC demand.
  • TSM closed at US$453.31 on October 9, down 1.02% from the prior close.

Quotes

“TSMC announced a 54.6% year-over-year surge in September 2026 consolidated net revenue, reaching NT$511.86 billion”— Tipranks
“Taiwan Semiconductor's (TSM) stronger-than-expected sales in the third quarter are a good sign for the semiconductor foundry giant's fourth quarter, Wedbush Securities said.”— Wedbush Securities
“It shows why a 0.6% monthly decline alone is a weak basis for declaring a slowdown.”— Fatima Fakhar

Sources