What analysts are watching with key semiconductor maker TSMC set to report results

What analysts are watching with key semiconductor maker TSMC set to report results What analysts are watching with key semiconductor maker TSMC set to report results Taiwan Semiconductor Manufacturing Co.'s shares listed in New York have risen about 49% since the start of the year. Taiwan Semiconductor Manufacturing Co., or TSMC, is set to post its third-quarter earnings results on Thursday slightly before 2 a.m. Eastern after already posting record-breaking revenue for the period — and analysts think sales have further to grow.

The semiconductor foundry has said its net revenue in September reached 511.86 billion new Taiwanese dollars ($15.94 billion). It brings revenue for the third quarter to a new high of 1.49 trillion new Taiwanese dollars ($46.54 billion), up about 17% from last quarter – the last time a record for revenue was set – and up 51% year-on-year. Wall Street forecasts earnings per share of 28.89 new Taiwanese dollars, which would be an increase from 17.44 this time last year.

Video 91/1 Skip Ad Continue watching after the adVisit Advertiser websiteGO TO PAGE Why humanoid robots are so hard to mass-produceSee All Videos Why humanoid robots are so hard to mass-produce Play video: Why humanoid robots are so hard to mass-produce have gained 49% since the start of the year. The company has rallied as hyperscalers have boosted artificial-intelligence spending, with customers including Nvidia, Apple and Intel relying on it to manufacture microchips. Don’t Short Yourself offers weekly money tips to help you earn it, stack it and grow it.

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TSMC usually gives financial guidance for the quarter ahead, and executives including chairman and CEO C.C. Wei generally discuss broader demand and supply trends. Analysts at JPMorgan, led by Gokul Hariharan, wrote in a recent note that they see demand continuing to grow into 2028, allowing the company’s revenue to increase 30% year-on-year that year.

Analysts at Citigroup, headed by Laura (Chia Yi) Chen, see TSMC’s AI revenue growth almost doubling in 2027 as many of its largest customers, like Nvidia and Advanced Micro Devices, are expecting a boost in growth. The New York-stock has faced a challenging month however, with shares down almost 9% since Oct. 5 as chip names broadly across the board have seen losing streaks ahead of Anthropic’s closed-door investor day and as concerns surrounding the AI trade have risen after a number of technology CEOs expressed worries over the pace of the tool’s development. Copyright ©2026 MarketWatch, Inc.