Bernstein says sustained AI demand and resilient high-end smartphone sales should continue to support TSMC (TSM.N) revenue. Using monthly receipts, Bernstein estimates TSMC’s Q3 revenue at TWD1.49 trillion, roughly 3% above consensus. The firm forecasts dollar-denominated revenue to rise 41% this year. TSMC will report full Q3 results on Thursday; investors will focus on 2nm capacity ramp, potential further U.S. expansion, and management’s 2027 outlook. Bernstein adds its prior forecast of ~30%

Bernstein says sustained AI demand and resilient high-end smartphone sales should continue to support TSMC (TSM.N) revenue. Using monthly receipts, Bernstein estimates TSMC’s Q3 revenue at TWD1.49 trillion, roughly 3% above consensus. The firm forecasts dollar-denominated revenue to rise 41% this year. TSMC will report full Q3 results on Thursday; investors will focus on 2nm capacity ramp, potential further U.S. expansion, and management’s 2027 outlook. Bernstein adds its prior forecast of ~30% annual revenue growth for 2027–28 may have upside.