Beyond NVIDIA: Why TSMC Stock Looks Attractive After Q3 Earnings

TSMC reported Q3 2026 revenues up 41.2% year-over-year with net income climbing 68.7%, raising full-year revenue growth outlook to 44%. The company is capitalizing on robust AI demand and ramping up 2-nanometer production. With $60-64 billion in planned 2026 capital spending, TSMC offers investors AI exposure through semiconductor manufacturing for multiple customers, though geopolitical risks remain.