TSMC Revenue Growth Upgrade a 'Live Possibility'

Dow Jones10-13 11:32

0332 GMT - TSMC could raise its annual revenue guidance again when it reports third-quarter results on Thursday, Vincent Fernando of Zero One says. The Taiwanese chip maker last week posted September revenue near August's record, pushing the quarterly total beyond the company's estimated range. The sales beat has made TSMC's 2026 revenue growth forecast of "slightly above 40%" in dollar terms look conservative, the investment research firm's founder and executive director writes on Smartkarma. "Holding the current language would imply fourth-quarter growth at a third of the pace guided for the third quarter," slower than where the business is running at, he says. "That makes a further lift to the full-year growth guide a live possibility."

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