Overview
- TSMC posted a record third‑quarter net profit of NT$452.3 billion on revenue of $33.1 billion, topping estimates on surging demand for advanced AI chips.
- The chipmaker raised its 2025 revenue growth outlook to the mid‑30% range and kept capital spending guidance up to $42 billion as it expands AI capacity.
- CEO C.C. Wei said AI demand is stronger than three months ago, reinforcing the company's conviction in the AI megatrend and supporting higher near‑term output.
- ASML reported €5.40 billion in Q3 net bookings, slightly above forecasts, with €7.52 billion in revenue and €2.12 billion in net income, and guided Q4 sales to €9.2–€9.8 billion.
- ASML warned sales to China will decline significantly in 2026 but said total 2026 revenue should be at least flat versus 2025, describing the China shift as a normalization rather than stockpiling.