15 October 2026
TSMC beats earnings forecasts but shares fall amid AI stock selloff
First reported
Exponential View and SiliconANGLE ran this on , all on the same day.
- Taiwan Semiconductor Manufacturing Co. (TSMC), the chipmaker that builds processors for many major tech firms, reported third-quarter revenue of $46.36 billion, above the $45.4 billion analysts expected.
- Its shares still fell about 2% because of a wider drop in AI-related stocks that began after concerns were raised about debt at CoreWeave, a cloud computing provider for AI.
- Chipmakers Samsung Electronics and SK hynix each fell more than 8% at one point, and Intel dropped 6.6%, as the selloff spread across the sector.
How it was covered
Exponential ViewAzeem Azhar
Leaked Anthropic Q3 revenue and margins, market reaction, expectations versus forecasts, and the growth trajectory into Q4 and 2026
Reported by SiliconANGLE