[FLASH] TSMC Q3 net income up 68.7% to record NT$763B; Q4 revenue guided to $52.3B-$54.3B; shares slip
TSMC's Oct 15 release reported Q3 revenue of $46.72B, up 41.2% YoY, and gross margin of 66.4%, down from 67.7% in Q2. 2nm rose to 8% of wafer revenue, and the company guided Q4 revenue to $52.3B-$54.3B. TrendForce noted that margins came in below some broker expectations. The Motley Fool quoted CEO C.C. Wei calling AI demand 'extremely robust' while saying consumer and price-sensitive segments 'are being challenged'; ADRs closed down about 1.8%. Strong AI-node demand next to weaker non-AI segments fits the memory-cost and handset-slump narrative; watch the effect of the 2nm ramp on margins.