TSMC’s Record Q3 Earnings Fueled by AI Chip Demand and Advanced Node Dominance

TSMC's third-quarter performance shattered records as the semiconductor giant rode a wave of demand for advanced AI and high-performance computing chips. Net income surged 39% year-over-year to NT$452.30 billion, with revenue climbing 30.3% to NT$989.92 billion. The company's technological edge is evident in its revenue mix—74% of wafer sales came from 7-nanometer and smaller nodes.

Gross margins reached an industry-leading 59.5%, defying cyclical pressures. TSMC is doubling down on its advantage, increasing capital expenditures to cement its position in cutting-edge fabrication. The AI boom has transformed TSMC's growth trajectory, with management raising long-term forecasts through 2025.

Shares gained nearly 3% on the earnings beat, continuing a 38% year-to-date rally. While not a direct crypto play, TSMC's manufacturing dominance indirectly supports blockchain infrastructure through advanced chip production for mining rigs and AI accelerators used in decentralized networks.