台积电最新业绩，超出市场预期

Core Insights - TSMC's Q3 financial results exceeded market expectations, with revenue of NT$989.92 billion (approximately US$33.1 billion), a year-on-year increase of 30.3%, and a net profit of NT$452.3 billion, marking a record high with a 39.1% year-on-year growth [1] - The strong performance is attributed to the increasing demand for AI chips, with advanced technology (7nm and above) accounting for 74% of total wafer revenue [1][2] - TSMC's optimistic outlook for Q4 includes projected sales of US$32.2 billion to US$33.4 billion and a gross margin of 59% to 61% [1] Company Performance - TSMC's Q3 revenue in USD was US$33.1 billion, surpassing the market expectation of US$31.6 billion [1] - The company reported that 3nm chip shipments accounted for 23% of total wafer revenue, while 5nm and 7nm chips contributed 37% and 14%, respectively [1] - TSMC's market capitalization is approximately US$1.22 trillion, nearly three times that of its competitor Samsung Electronics [3] Industry Trends - The demand for AI applications is driving the need for high-performance computing chips, leading analysts to raise their earnings and revenue forecasts for TSMC [2][3] - TSMC is preparing for the construction of multiple 2nm wafer fabs in Taiwan, with mass production expected to begin in late Q4 [3] - The semiconductor industry is entering a super cycle, as evidenced by the strong performance of both TSMC and Samsung Electronics, which reported an 8.7% year-on-year sales increase and a 31.8% rise in operating profit [3]