# TSMC posts strong third-quarter results, but shares drop amid AI selloff

> TSMC reports strong quarterly results as AI stocks fall.
- Title: TSMC posts strong third-quarter results, but shares drop amid…
- Summary: TSMC reports strong quarterly results as AI stocks fall. TSMC's third-quarter results beat expectations with $46.36 billion revenue, but shares dropped 2%…
- Keywords: tsmc, stock market, third quarter, shares, selloff, coreweave, semiconductor, chipmakers, nvidia, intel, samsung electronics, posts
- Source: SiliconANGLE — https://siliconangle.com/2026/10/15/tsmc-posts-strong-third-quarter-results-but-shares-drop-amid-ai-selloff
- Author: Maria Deutscher
- Published: 2026-10-15T20:23:44+00:00
- Read time: 1 min
- Topics: tsmc, ai, stock market, third quarter, shares, selloff, coreweave, semiconductor, chipmakers, nvidia, intel, samsung electronics
## TSMC reports strong quarterly results
TSMC posted better-than-expected financial results for the third quarter with $46.36 billion revenue.
## Shares drop 2% amid AI selloff
TSMC shares dropped 2% as investors sold artificial intelligence stocks following an X post about CoreWeave Inc.'s debt load.
## AI sector drives 68% of revenue
TSMC's high-performance computing segment, including graphics cards for Nvidia, generated 68% of its $46.36 billion revenue.
## Samsung and SK hynix shares fall
Samsung Electronics and SK hynix shares dropped more than 8% while Intel shares fell 6.6% during the trading session.
## TSMC completes Arizona fab construction
TSMC finished building its three-nanometer Fab 2 plant in Arizona, expecting mass production in the third quarter of 2027.
## TSMC's auto and smartphone orders rise
TSMC saw a 22% year-over-year jump in auto chip demand and a 10% increase in smartphone maker orders.
## TSMC boosts capital expenditures
TSMC plans significant capital increases over the next two years to support its two-nanometer and one point six nanometer process development.
## Key takeaway

TSMC's third-quarter results beat expectations with $46.36 billion revenue, but shares dropped 2% due to AI stock selloff.