# TSMC raises revenue outlook as demand exceeds available supply

_Published Friday, October 16, 2026 at 11:18 PM EDT · Infrastructure · Latest · Tier 2 — Notable_

![TSMC Says AI Chip Demand Is Still Far Above What It Can Supply. That's Why I'd Buy Nvidia Stock. — Primary](https://g.foolcdn.com/image/?url=https%3A%2F%2Fcdn.content.foolcdn.com%2Fimages%2F1umn9qeh%2Fproduction%2F2b939634bdc194883e6c243248c53d2b03cf89a8-2000x1200.jpg%3Fw%3D800%26q%3D75%26fit%3Dmax%26auto%3Dformat&w=1200&op=resize)

TSMC reported third-quarter revenue of $46.7 billion on Oct. 15, exceeding its July forecast range of $44.6 billion to $45.8 billion, The Motley Fool reported. The chipmaker now expects 2026 revenue growth of about 44% in U.S. dollars, up from a little over 40% previously.

High-performance computing, which includes AI chips, accounted for 68% of revenue and grew 22% sequentially. TSMC forecast fourth-quarter revenue of $52.3 billion to $54.3 billion. CEO C.C. Wei said demand remained above supply capability, but declined to distinguish demand from AI accelerators and central processing units. TSMC does not disclose how much revenue comes from Nvidia.

## Sources

- [The Motley Fool](https://www.fool.com/investing/2026/10/16/tsmc-says-ai-chip-demand-is-still-far-above-what-it-can-supply-that-s-why-i-d-buy-nvidia-stock/)

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Canonical: https://techandbusiness.org/newswire/ueVTE_VW8C6WYxxeVdiQyt
Published: 2026-10-17T03:18:23.487Z
Story chronology: 2026-10-15T00:00:00.000Z
Retrieved: 2026-10-17T06:19:05.460Z
Publisher: Tech & Business (techandbusiness.org)