TSMC Q3 Revenue Up 30% on Accelerated AI Chip Demand

Taiwan Semiconductor Manufacturing Company (TSMC) reported a 30% jump in quarterly revenue, driven by soaring global demand for AI chips and advanced semiconductor orders from major tech clients. The strong performance highlights sustained momentum in the AI hardware supply chain, with capacity utilization nearing record levels. Analysts said TSMC’s results reaffirm the tech sector’s growth trajectory, positioning the company as a critical enabler of the global AI infrastructure boom.