TSMC October Revenue Hits Record NT$586.89 Billion, Up 59.7% Year on Year

• Dispatched: Nov 11, 2026 · 01:38 ET (06:38 UTC)

One-sentence summary: TSMC's October consolidated revenue reached NT$586.89 billion (about $17.85 billion), up 59.7% year on year and 14.7% month on month — the highest monthly total on record and already above the monthly pace implied by its fourth-quarter guidance, pointing to sustained demand for advanced-node capacity.

Verification status: ✓ Official company disclosure (TSMC October monthly revenue announcement, cross-checked against the Central News Agency's English-language first report)

Core Facts & Consensus Delta:

TSMC reported October 2026 consolidated revenue of NT$586.89 billion (about $17.85 billion) on November 10, 2026, up 59.7% from October 2025 and 14.7% from September 2026 (first reported by Focus Taiwan at 2026-11-10 06:50 ET / 11:50 UTC). The figure tops the previous monthly record of NT$514.81 billion set in August 2026 by NT$72.08 billion and is the highest monthly revenue in the company's published tables, which run back to 1999. Revenue for January–October totaled NT$4,485.62 billion, up 43.3% year on year.

Quantitative reference: TSMC guided fourth-quarter revenue of $52.3–54.3 billion on October 15 (about NT$1.66–1.73 trillion at its assumed rate of NT$31.8 per US dollar), implying average monthly revenue of roughly NT$538.1–569.9 billion for November–December; October's NT$586.89 billion sits about NT$17 billion above the top of that implied range. The company also raised its full-year 2026 revenue growth forecast to about 44% in US dollar terms, from slightly above 40% in July. The monthly release is unaudited consolidated revenue only and carries no profit, customer or process-node breakdown.

Supply-Chain & Market Read-Through: TSMC is the core foundry for chip designers including Nvidia, AMD and Apple, and 2nm is its most advanced process in commercial production; analysts cited by Focus Taiwan attributed October's strength to 2nm demand lifting shipments, and 2nm accounted for 8% of wafer revenue in the third quarter. A monthly print running ahead of the fourth-quarter guidance pace implies advanced-node utilization and AI accelerator shipments started the quarter at a high level, supporting demand for upstream equipment and advanced packaging. It also corroborates demand for HBM and memory suppliers (SK hynix 000660.KS, Samsung Electronics 005930.KS, Micron MU, SanDisk SNDK): stronger AI accelerator shipments mean tighter HBM demand. One caveat: monthly revenue carries no customer mix, so the AI versus smartphone split cannot be read directly, and if November–December revenue falls back into the guidance-implied range, the quarter can still land inside guidance.

Next Catalysts & Watchpoints:

• TSMC November revenue: due around 2026-12-10 (13:30 Taipei time, about 2026-12-10 00:30 ET / 05:30 UTC), to test whether fourth-quarter momentum holds into the second half.
• Nvidia fiscal Q3 earnings: after the US close on 2026-11-17; data center revenue and guidance are the next hard check on AI demand.

Sources:

• Daily Federation (citing Focus Taiwan) (Published: 2026-11-10 06:50 ET / 11:50 UTC)
• FinanceFeeds (Published: 2026-11-10 12:36 ET / 17:36 UTC)

Information only, not investment advice.