The world’s largest contract chipmaker announced on Tuesday that its October revenue reached NT$586.89 billion ($17.88 billion), representing a 59.7 per cent increase compared with the same period last year. The figure also marked a 14.7 per cent rise from September.
The latest performance underscores the growing importance of advanced chip production in the global technology industry, with major companies continuing to invest heavily in AI infrastructure and computing capabilities.
TSMC’s strong October showing follows an impressive third-quarter performance in which the company reported a record net profit of NT$763.1 billion, surpassing market expectations. Revenue for the quarter stood at NT$1.49 trillion.
The company is also preparing to expand its investments to meet rising customer demand. It expects capital expenditure between 2026 and 2028 to be significantly higher than the amount spent over the preceding three years, signalling continued confidence in the long-term growth prospects of the semiconductor industry.
Its third-quarter operating margin reached 58.7 per cent, exceeding the upper end of the company's guidance range of 58 per cent.
Meanwhile, TSMC shares closed 2.24 per cent higher on Tuesday, despite broader volatility in Taiwan's financial markets.
The development came after Taiwan's financial regulator announced tighter restrictions on short-selling activities last week. The new measures, which took effect on Monday, reduced the daily limit on intraday short-selling orders from 30 per cent to three per cent.
Beyond the semiconductor sector, Taiwan's export figures also reflected the strength of global demand for technology products.
Government data released on Monday showed that the country's exports surged 58.9 per cent year-on-year in October to $96.76 billion.
Exports of electronic components recorded an even stronger performance, rising 61.4 per cent as demand for advanced chips continued to support the country's trade growth, according to local media reports citing the finance ministry.
The figures highlight the growing influence of AI-related investments on Taiwan's export performance and reinforce TSMC's position as a major beneficiary of the global semiconductor expansion.