TSMC reported September consolidated revenue of NT$511.857 billion**, down **0.6%** month-over-month but up **54.6%** year-over-year, a record for the same period. August revenue of **NT$514.806 billion had just set an all-time high; September dipped slightly but stayed above NT$500 billion.
Q3 consolidated revenue reached NT$1.494 trillion**, up **17.62%** quarter-over-quarter and **51%** year-over-year, marking the first quarter above **NT$1.49 trillion. TSMC's prior Q3 USD guidance was $44.6–45.8 billion**; actual revenue exceeded the upper end at the company's assumed exchange rate. For the first three quarters, revenue totaled **NT$3.899 trillion, up 41.1% year-over-year, also a record for the period.
The beat came from AI compute demand and consumer electronics restocking overlapping in Q3. On the data center side, Nvidia and AMD AI accelerator orders kept consuming 3nm and 5nm capacity; on the consumer side, Apple and other phone makers' new product stocking drove wafer shipments. 2nm also began ramping in Q3, adding incremental revenue.
Market focus now shifts to the October 15 Q3 earnings call, where TSMC will disclose Q4 revenue outlook, final full-year guidance, and whether capex will be raised. 2nm expansion progress, CoWoS advanced packaging capacity, and overseas fab operations are also on investors' radar. TSMC has repeatedly said AI demand has structural support; the call's tone will be a key reference for 2027 outlook.
ICgoodFind Summary: TSMC's quarterly revenue topped NT$1.49 trillion, with AI orders and advanced-node utilization pushing the ceiling higher. The pace of 2nm ramp and packaging capacity expansion will determine how far this growth runs.
