TSMC Chips Away at AI Doubts With Stellar 39% Quarterly Sales Surge
Following last quarter’s earnings beat, TSMC just raised the bar again, this time reporting a jaw-dropping 39% surge in quarterly revenue. As the go-to chipmaker for Nvidia and Apple, many see TSMC as an AI bellwether. While some skeptics were ready to call “peak AI,” this blockbuster performance suggests the show’s far from over.
- Q3 sales hit NT$759.7B ($23.6B), surpassing the average analyst estimate of NT$748B ($23.18B) — reflecting “strong demand for AI chips” (Bloomberg Intelligence).
- Since the launch of ChatGPT, TSMC has doubled its sales and stock price, but with more than half its revenue tied to AI, analysts wonder if this growth can continue.
AI momentum check: Bulls see this as evidence of ongoing AI spending, while skeptics worry Big Tech can’t keep investing heavily without clear returns. Adding to concerns, Nvidia’s delay in its next-gen Blackwell chip and soft iPhone sales raises questions about client stability. TSMC remains optimistic, believing brewing US-China tensions will fuel an AI arms race. With revenue climbing and the AI boom continuing, Taiwan’s largest company is ready to supply the tools for this rush.
