TSMC’s September Dip Obscures Stronger Quarterly Sales
TSMC reported September revenue of NT$511.86 billion, down 0.6% from August but up 54.6% from a year earlier. Combining July through September gives third-quarter revenue of NT$1.494 trillion, a 17.6% increase from the prior quarter, according to TECHi calculations. The company’s October 15 earnings call will show how much of that sales growth reaches profit.
TSMC's September monthly disclosure showed NT$511.86 billion, a slight sequential decline but a large year-over-year gain. July and August were NT$467.580 billion and NT$514.806 billion. Summing those three unaudited monthly figures yields NT$1.494 trillion for Q3, compared with NT$1.270 trillion in Q2. That is a 17.6% same-currency increase.
The monthly data do not explain which factors drove sales, and they do not reveal profit. TSMC's Q3 dollar guidance was US$44.6–45.8 billion, with an NT$32 per US dollar assumption. The October 15 earnings call is set to reveal how far the quarter's sales gains translate into earnings. The ADR closed at US$453.31 on October 9, down 1.02%.
TSMC's results may affect investors, workers, suppliers, and consumers because semiconductors feed many electronics and AI systems. Stronger sales could sustain spending and jobs, while weaker profit