TSMC Reports Q3 Net Profit of NT$763 Billion

Taiwan Semiconductor Manufacturing Company (TSMC) has released its third-quarter financial results. The company reported a net profit of NT$763.06 billion (approximately $15.88 billion USD at current exchange rates), marking a 68.7% increase compared to the previous year and an 8% rise from the preceding quarter.

Consolidated revenue for the quarter reached NT$1,494.24 billion (approximately $31.1 billion USD). This figure represents a 50.9% year-over-year growth and a 17.6% increase from the previous quarter. In US dollar terms, revenue was $46.72 billion, up 41.2% from the same period last year.

TSMC's gross margin for the third quarter stood at 66.4%, with an operating margin of 58.7% and a net profit margin of 51.1%. The company noted that its 2nm process technology accounted for 8% of wafer revenue. Revenue from 3nm process technology constituted 33% of total revenue, while 5nm technology contributed 28%. Advanced technologies, defined as 7nm and more advanced nodes, represented 79% of total wafer revenue.

The company's performance indicates strong demand for its cutting-edge semiconductor manufacturing capabilities, reflecting the broader positive trend within the global semiconductor industry. TSMC's continued investment in advanced process technologies underpins its significant market share.