TSMC exceeded third-quarter revenue expectations with $46.36 billion, yet shares slipped 2% as an industry-wide selloff hit AI-related chipmakers.
TSMC is in talks with Elon Musk regarding the Terafab project, though the companies remain at odds over who will operate the proposed semiconductor manufacturing facility.
TSMC confirmed ongoing talks with Elon Musk regarding the Terafab chip project in Texas, but insists on maintaining full operational control of the facility.
TSMC and Elon Musk are negotiating a partnership for the Terafab chip factory in Texas, but remain at odds over who will manage the facility's operations.
TSMC reported record third-quarter profits and raised its 2026 growth forecast, driven by sustained demand for AI-related chip production.
Nvidia CEO Jensen Huang recounted how a personal call from TSMC founder Morris Chang in the late 1990s secured a 30-year manufacturing partnership for the company.
TSMC expects fourth-quarter revenue to grow by up to 61% following a record third quarter with $23.59 billion in net income.
TSMC reported a 41.2% year-over-year revenue increase to $46.72 billion for Q3 2026, driven by sustained demand for high-performance computing and AI-related chip production.
Microsoft has announced the Maia 300 AI chip, featuring 288GB of HBM4 memory and a 2-nanometer manufacturing process, with deployment scheduled for 2027.
Microsoft has introduced its third-generation AI chip, the Maia 300, targeting higher energy efficiency and a production volume of over 300,000 units by 2027.
TSMC reported third-quarter 2026 revenue of NT 1.49 trillion, exceeding guidance and setting the stage for a sixth consecutive quarter of record profits driven by AI chip demand.
Nvidia may integrate Intel's Foveros packaging technology into its hardware production by late 2028 to diversify its supply chain and reduce dependence on TSMC.
GlobalFoundries has secured a $2 billion, five-year deal with TSMC to manufacture silicon interposers for advanced AI chip packaging in New York.
Intel CEO Lip-Bu Tan confirmed the company's ongoing participation in Elon Musk's TeraFab project, despite ongoing discussions between the venture and TSMC.
GlobalFoundries and TSMC have signed a $2 billion agreement to build the first silicon interposer production facility in the United States.
GlobalFoundries will manufacture silicon bridges for TSMC in New York under a five-year deal to support advanced AI chip production.
TSMC reported record third-quarter revenue of TWD 1.49 trillion, exceeding both analyst forecasts and the company's own guidance.
AMD has raised global prices for its graphics cards starting October 1, citing a 10 percent increase in memory and foundry costs.
Tesla and SpaceX will retain full control over the upcoming Terafab chip factory in Texas, rejecting any management role for TSMC.
Intel reaffirms its partnership with the Terafab semiconductor venture, while Elon Musk clarifies that his companies will retain full control over the facility's operations.
