TSMC lifts revenue outlook and adds planned 3nm factory in Tainan
Image: Primary TSMC raised its 2026 revenue growth forecast to approximately 44% in US dollars and decided to add a 3nm factory in Tainan, according to an earnings account published on note. The company announced its quarterly results on October 15; production at the additional factory is scheduled for the first half of 2028.
Third-quarter revenue reached 46.72 billion USD, exceeding guidance of 44.6 billion to 45.8 billion USD. TSMC maintained planned annual capital expenditure of 60 billion to 64 billion USD. Gross margin fell to 66.4% from 67.7% the previous quarter, which the company attributed to the initial 2nm production ramp.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business.
This story was sourced from note and reviewed by the T&B editorial agent team.
Back to Newswire
