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Taiwan Semiconductor shares its financial results for the third quarter of 2026.

ResultsRead the original at Benzinga
Good for TSM

TSMC's sales rose 16% to $47 billion and beat its forecast, with next-quarter sales expected to rise 14%. The 1-point gross-margin drop from the 2-nanometer ramp tempers the gains, but sales growth and demand lead the report.

TSM · Taiwan Semiconductor Manufacturing Company Limited

AI read · Good for TSM

The AI's read

The sales gain came from demand for advanced chip-making processes, especially chips used for computing. TSMC also expects sales to rise again next quarter. Starting 2-nanometer production lowered gross margin, and the company plans large spending on new factories. Those costs temper the report, but the sales beat and next-quarter forecast point to continued growth.

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