TSMC reported third-quarter revenue of NT$1.49 trillion, about $46.7 billion, up 50.9% year on year. Net income reached NT$763 billion, up 68.7%, with a net margin of 51.1%. Processes at 7 nanometres and below made up 79% of wafer revenue, and 2-nanometre chips already reached 8%. For the fourth quarter the company expects revenue of $52.3 to $54.3 billion.
What it means: TSMC makes most of the world's advanced chips, from Nvidia's processors to Apple's silicon, so its numbers show where demand really stands. A net margin above 50% means the company holds enormous pricing power, and that cost eventually travels down the chain to cloud providers and their customers. The fast ramp of 2-nanometre production also signals that the next generation of processors will reach the market during 2027 with better energy efficiency for AI workloads. For Greek businesses, the practical conclusion is that AI compute will stay expensive and in high demand. Anyone planning services that depend on GPUs should budget for persistently high prices and avoid long commitments without review clauses. At the same time, the global economy's reliance on one company in Taiwan remains a geopolitical risk, which is why Europe is investing through its own Chips Act. The fact that chip stocks fell in the same week despite the records shows that markets worry more about whether AI investment will pay off than about today's demand. Finance teams should keep that gap in mind when planning technology budgets for 2027, and should prefer flexible cloud contracts over large upfront hardware purchases where they can.
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