Overview
- TSMC reported Q3 revenue of NT$989.92 billion, net income of NT$452.30 billion, and EPS of NT$17.44, driven by strong demand for leading-edge processes.
- Management guided 2025 capital spending to $40–$42 billion with about 70% allocated to advanced process technologies, as 3nm and 5nm made up 23% and 37% of Q3 wafer revenue.
- TSMC is entering production of 2nm chips this quarter, which it says deliver roughly 25%–30% lower power at the same speed compared with 3nm.
- Approximately 60% of company revenue is tied to AI and high-performance computing chips for customers including Nvidia, Apple, Broadcom, Meta, Amazon and Alphabet.
- Shares are up roughly 49% year to date and recently traded near $300, while industry voices say rapid U.S. onshoring still faces talent and ecosystem constraints.