The key facts

  • TSMC's October revenue was NT$586.89 billion ($17.61 billion), up 59.7% year over year
  • Over the first ten months of 2026, revenue totaled about NT$4.49 trillion ($134.8 billion), +43.3%
  • The growth driver was orders from NVIDIA, AMD, and cloud providers for AI chips

Record October

Taiwanese contract chipmaker TSMC reported record monthly revenue: in October it reached NT$586.89 billion ($17.61 billion), up 59.7% year over year and 14.7% higher than in September. The company itself announced this in a press release on its website; the figures are cited by Gazeta.Ru.

Dynamics of the year and forecast

Over the first ten months of 2026, TSMC's consolidated revenue amounted to about NT$4.49 trillion ($134.8 billion) — 43.3% more than in the same period last year. The October growth (59.7%) noticeably exceeds the cumulative ten-month figure, which, according to the publication, reflects continued demand for artificial intelligence and high-performance computing solutions.

Who is ordering the chips

The growth driver was orders for chips made with advanced process nodes, including for artificial intelligence, from NVIDIA, AMD, and major cloud providers. Notably, the October result exceeded the average monthly level of the upper bound of TSMC's own forecast: at its July conference, the company raised its 2026 revenue growth forecast in dollar terms to 44% and estimated fourth-quarter revenue at $52.3–54.3 billion.

Market reaction

TSMC shares closed on November 10 at NT$2,285 ($69.5), gaining 2.24%, against the backdrop of the Taiwanese market rising by 1,050 points. Gazeta.Ru also recalls that earlier SpaceX signed a multibillion-dollar agreement to purchase Nvidia chips — another example of the massive demand for AI computing that is generating orders for manufacturers like TSMC.