TSMC September Revenue Surges 54.6% YoY to USD 16.07 Billion
TSMC reports a massive 54.6% year-on-year revenue jump for September 2026, even as Elon Musk clarifies his stance on the Texas Terafab project.
Global chipmaking giant Taiwan Semiconductor Manufacturing Company (TSMC) has announced a massive spike in its financial performance, reporting a 54.6 per cent year-on-year surge in consolidated revenue for September 2026. The company's revenue reached approximately NT$511.86 billion, which translates to roughly USD 16.07 billion.
While the figures represent a staggering leap compared to the same period last year, the company noted a slight cooling trend from the immediate previous month, with revenue dipping by a marginal 0.6 per cent compared to August 2026.
Massive Growth in Cumulative Revenue
The strength of TSMC's market position is further evidenced by its performance throughout the first three quarters of the year. For the period spanning January to September 2026, the company's cumulative revenue saw a significant climb of 41.1 per cent year-on-year.
Total revenue for these nine months stood at NT$3,898.73 billion, or approximately USD 122.42 billion, highlighting the relentless demand for semiconductor technology in the current global landscape.
Elon Musk Clarifies Texas Terafab Ambitions
Amidst these financial results, a significant development regarding the proposed Terafab chip-making facility in Texas has taken center stage. The project, involving both Tesla and TSMC, has sparked intense speculation regarding control and operations.
Elon Musk, the CEO of Tesla and SpaceX, has moved to clear the air following discussions involving TSMC Chairman and CEO CC Wei. While Wei had indicated that talks regarding a potential role for the Taiwanese chipmaker in the Texas project were in the early stages, Musk provided a much more definitive stance on social media platform X.
Who Will Run the Texas Fab?
Addressing the rumors, Musk clarified that his companies would maintain absolute authority over the new facility. He addressed the possibility of TSMC's involvement by suggesting a subleasing arrangement rather than a partnership in management.
"No, we will build and run the fab. Let there be ZERO doubt about that. Maybe TSMC subleases part of the Terafab if they want, but nothing more than that," Musk stated.
This clarification comes as a pivotal moment for the semiconductor industry, as the race for advanced chip manufacturing capacity intensifies in the United States, with major players like Tesla and TSMC navigating complex roles in the future of high-tech production.