TSMC CEO C.C. Wei sees no slowdown as chip foundry posts record profit

The world's largest contract chipmaker logged its sixth straight record quarter and raised its 2026 growth outlook on AI demand Taiwan Semiconductor Manufacturing Co. keeps running into the same problem: customers want more chips than it can comfortably make. On October 15, 2026, the company reported its sixth consecutive quarter of record net profit. CEO C.C. Wei described demand as “extremely robust” and said he sees no sign of the AI trend slowing. TSMC’s third-quarter net profit came in at NT$763.1 billion, or approximately $23.6 billion. That is a 68.7% jump from the same period a year earlier. The result beat analyst expectations by a wide margin. It also extended a streak: this was the 11th straight quarter of year-over-year profit growth.

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