TSMC Q3 Revenue Surpasses Forecast with 36.5% YoY Growth

TSMC's revenue for the July-September period reached T$759.69 billion ($23.62 billion), according to Reuters calculations, surpassing the LSEG SmartEstimate of T$750.36 billion ($23.33 billion) from 23 analysts. This represents a 36.5% year-on-year growth, compared to $17.3 billion in the same period last year.

TSMC's third-quarter revenue has significantly outperformed market forecasts.