Taiwan Semiconductor beat its third-quarter sales target and expects sales growth of about 44% in 2026 as AI demand stays strong. Its share of sales left after production costs fell, and overseas plants are expected to shrink it further, but demand and expected growth support a stronger outlook.
Strong AI demand gives Taiwan Semiconductor room to keep filling its factories, and chip shortages support planned price increases. Building new factories costs a lot, and overseas plants are expected to reduce the share of sales left after production costs. Expected sales growth and continuing demand support the stronger reading.
GlobalFoundries agreed to provide back-end capacity for Taiwan Semiconductor’s customers. The story gives no expected sales or profit for GlobalFoundries, so it does not show a clear change for its business.
Taiwan Semiconductor’s planned price increases could give Intel room to raise its own prices. The story reports no Intel price change or added business, so it does not establish a clear change for Intel.
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