On October 15, 2026, TSMC unveiled its financial results for the third quarter and convened an analyst meeting. During the event, TSMC voiced its confidence in the prevailing artificial intelligence trend, projecting a continued surge in AI demand throughout the fourth quarter. Notably, the demand for CPUs tailored for AI agents is on the rise, significantly surpassing the existing supply capabilities.
From a financial perspective, TSMC anticipates its fourth-quarter sales to range between $52.3 billion and $54.3 billion, accompanied by a gross margin of 65% to 67%. The company also projects its full-year revenue to grow by around 44%. As for capital expenditures, TSMC's forecast for 2026 stands between $60 billion and $64 billion.
In terms of process technology and production capacity, TSMC has plans to construct a new 3-nanometer process wafer fab in Tainan. Additionally, the company is contemplating expanding its production capacity in the United States beyond Arizona. Moreover, the A14 chip is slated for mass production in 2028.