StocksMediumUpdated×2•Originally published 16 October 2026•Updated 17 October 2026•
1 min read
TSMC Posts Sixth Record Profit Quarter and Raises Full-Year Growth Outlook
Key Facts
1NVIDIA, Apple, and AMD are competing for limited AI chip production capacity at TSMC.
2TSMC's Q3 revenue reached $46.7 billion, driven by robust demand for AI technologies.
Taiwan Semiconductor Manufacturing Company (TSMC) raised its 2026 annual revenue growth forecast to approximately 44% in U.S. dollar terms. Benzinga reported that the company's Q3 revenue reached $46.7 billion, supported by a 22% quarterly increase in high-performance computing revenue following strong demand from NVIDIA, Apple, and AMD.
TSM closed at $422.25 on October 15, 2026, as the firm upgraded its outlook from the 40% growth projected in July. On the same date, NVDA closed at $217.23 and AAPL closed at $342, while AMD recorded a closing price of $562.23 on October 15, 2026.