Taiwan Semiconductor Manufacturing Company Limited (TSM) Q3 2025 Earnings Call Transcript
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM ) Q3 2025 Earnings Call October 16, 2025 2:00 AM EDT Company Participants Jeff Su - Director of Investor Relations Jen-Chau Huang - Senior VP of Finance & CFO C.C. Wei - Chairman & CEO Conference Call Participants Gokul Hariharan - JPMorgan Chase & Co, Research Division Charlie Chan - Morgan Stanley, Research Division Sunny Lin - UBS Investment Bank, Research Division Zheng Lu - Goldman Sachs Group, Inc., Research Division Chia Yi Chen - Citigroup Inc., Research Division Sreekrishnan Sankarnarayanan - TD Cowen, Research Division Yu Jang Lai - Macquarie Research Presentation Jeff Su Director of Investor Relations Good afternoon, everyone, and welcome to TSMC's Third Quarter 2025 Earnings Conference Call.
Taiwan Semiconductor tops earnings expectations, raises guidance again on AI boom.
TSMC's ADRs have rallied more than 50% already in 2025 and raised guidance will reinforce trading sentiment.
TSMC Hikes Sales Outlook Amid AI Boom
Taiwan Semiconductor Manufacturing Co. hiked its projection for 2025 revenue growth to the mid-30% range. The company also raised the lower end of its capital spending target for the year after reporting a better-than-anticipated 39% jump in profit in the September quarter.
TSMC Profit Surges to Record as Earnings Beat. The AI Chips Boom Isn't Slowing.
Taiwan Semiconductor Manufacturing reported a record quarterly net profit that handily beat expectations.
TSMC Q3 profit expected to set record on AI spending boom
TSMC, the world's largest manufacturer of advanced artificial intelligence chips, is set to post a 28% jump in third-quarter profit to reach a record high due to surging demand for AI infrastructure, though U.S. tariffs may complicate its outlook.
TSMC Earnings: Here's What To Expect As AI Reaches A Fever Pitch
Taiwan Semiconductor Manufacturing Company Limited reports earnings on Thursday. The AI craze has reached a new peak, with TSM as one of the primary beneficiaries. The company's dominant market position and wide moat make TSM a stock to own for a long time.
Buy the Surge in Taiwan Semiconductor Stock as Q3 Results Approach?
Riding a wave of unprecedented demand for next-gen AI chips, Taiwan Semiconductor is expected to post record Q3 results on Thursday, October 16.
Rising AI Chip Demand to Boost Taiwan Semiconductor's Q3 Revenues
TSM's Q3 revenues are likely to reflect the benefits of surging demand for advanced AI chips, while rising operation costs may have weighed on profitability.
Taiwan Semi (TSM) is Going to $400
Taiwan Semiconductor ( TSM ) reports September quarter results Thursday morning and as the stock bounces back sharply from Friday's trade war jitters, investors look forward to the continuous good news from the planet's top AI foundry. For instance, Susquehanna raised their price target to $400 from $300 last week after TSM reported a 31.4% increase in September sales (vs.
TSMC: The Quiet Powerhouse Behind The AI Revolution
TSMC remains the world's leading semiconductor foundry, delivering 9 consecutive double-beat quarters with 54% YoY revenue and 71% EPS growth in FQ2 2025, driven by surging AI demand. Despite trading at a premium, valuation appears justified by superior profitability — 59% gross margin, 69% EBITDA margin, and 42% net income margin — all far above industry averages. Strong balance sheet with over $90 billion in cash and positive net interest income positions TSMC to thrive in both high and low-rate environments while maintaining double-digit EPS growth.
TSMC: I Am Loading Up Before Earnings
AI tailwinds do not show any signs of weakness, as the global AI market is expected to attract $3 trillion in investments in the next few years. TSMC consistently beats earnings expectations, boasts accelerating revenue, and EPS growth, and is rapidly expanding its global foundry market share. AI and data center demand, robust client contracts, and a $55 billion net cash position support TSM's long-term growth and innovation potential.
TSMC: Expecting Strong 3Q FY2025 Earnings, And Tariff Threat Looks Overblown
Taiwan Semiconductor (TSM)'s stock fell 6% in a single day, amid market volatility following Trump's 100% tariff threat against China, set to take effect on November 1st. The 100% tariff threat is likely just a bluff, as we saw back in April. It shouldn't largely affect the AI spending in the near term. The July–September revenue report beat estimates, indicating that the upcoming 3Q FY2025 earnings will be robust, but its gross margin may decline further.
