# TSMC lifts revenue outlook and adds planned 3nm factory in Tainan

_Published Friday, October 16, 2026 at 5:19 PM EDT · Products · Latest · Tier 2 — Notable_

![TSMC lifts revenue outlook and adds planned 3nm factory in Tainan — Primary](https://assets.st-note.com/production/uploads/images/324666988/rectangle_large_type_2_736d7447da1a7f7201f86b5e629238ac.png?fit=bounds&quality=85&width=1280)

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

- [note](https://note.com/closing_bell_10m/n/n37572dc68d57?hl=en)

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Canonical: https://techandbusiness.org/newswire/-dRYnqT7dZGrwcUqSprsSZ
Published: 2026-10-16T21:19:04.422Z
Story chronology: 2026-10-15T08:57:49.000Z
Retrieved: 2026-10-17T00:01:48.530Z
Publisher: Tech & Business (techandbusiness.org)