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    Bit Market · Q3 2026 · Group report

    Chip Producers, Q3 2026

    TSMC’s revenue rose 16.2% on the quarter at a 58.7% operating margin, and Intel’s operating margin rose to 15.3% from 5.0% a year earlier.

    Chip producers, third quarter 2026: TSMC and Intel revenue and operating marginA three-panel cover. Left: TSMC revenue of $46.72 billion, up 16.2 percent from the second quarter and 41.2 percent from a year earlier. Center: Intel revenue of $16.5 billion and a GAAP operating margin of 15.3 percent, up from 5.0 percent a year earlier. Right: two bars comparing the operating margins, TSMC 58.7 percent and Intel 15.3 percent.BIT MARKET / CHIP PRODUCERSChip producers, Q3 2026TSMC · INTEL · OPERATING MARGIN01 TSMC02 INTEL03 MARGIN$46.72Brevenue+16.2%from Q2+41.2%from a year earlier$16.5Brevenue15.3%GAAP operating margin5.0%a year earlierTSMCIntel58.7% vs 15.3%operating margin

    This page reads the chip producers in the Bit Market tracker together for the third quarter of 2026, the July to September quarter. It covers TSMC and Intel, and it gives each company’s revenue and operating margin as that company stated them in its own earnings release. The findings below put TSMC first and Intel second, so the two can be read against the same two measures, revenue and operating margin. Every company this quarter is in the Q3 2026 roundup, and the other groups each have a page of their own: the flash makers, the memory makers and the hard drive makers. The Earnings Desk holds every tracked company’s results across quarters.

    Findings

    TSMC reports third-quarter revenue of $46.72 billion, up 16.2% from the second quarter and 41.2% from a year earlier, with an operating margin of 58.7%.

    Intel’s revenue was $16.5 billion, and its GAAP operating margin was 15.3%, up from 5.0% a year earlier.

    Findings

    TSMC kept 58.7% of revenue as operating profit, Intel 15.3%

    Operating margin, third quarter 2026, with Intel a year earlier

    Horizontal bars of operating margin in percent of revenue. TSMC third quarter 2026 58.7. Intel third quarter 2026 15.3. Intel a year earlier 5.0.Company and quarter020406080Operating margin, % of revenueTSMCthird quarter 202658.7%Intelthird quarter 202615.3%Intela year earlier5.0%TSMCIntel, this quarterIntel, a year earlier
    Operating margin as each company reported it; Intel’s is GAAP. Source: TSMC and Intel third-quarter 2026 earnings releases.

    Company-reported results, explained. Each company reports on its own fiscal calendar and in its own currency; the Period column says which quarter each row is. Not investment advice.

    01

    Company against company

    Chip producers (foundry and IDM) on the same bars, then the year that led up to this quarter.

    Revenue is in US dollars so every company shares one axis, converted at the Federal Reserve’s average rate for the quarter. Operating margin needs no conversion. Each bar is the company’s own quarter that falls in these months, named on the right.

    Q3 2026 revenue, chip producers (foundry and IDM)Revenue in US dollars for each of the chip producers (foundry and IDM) that reported Q3 2026, sorted largest first, with each company’s own reporting period named on the right.BIT MARKET / CHIP PRODUCERS (FOUNDRY AND IDM)Q3 2026 revenue, chip producers (foundry and IDM)US dollars, largest firstREVENUE IN US DOLLARSREPORTED PERIOD$0$20B$40B$60BTSMC 3Q 2026: NT$1,494.24B (TIFRS, C-E-443), $46.7B at 31.9961 TWD per dollar (H.10, C-E-142)TSMC$46.7B3Q 2026Intel 3Q 2026: $16.5B (GAAP, C-E-448)Intel$16.5B3Q 2026
    Each company’s own quarter that falls in these months; non-dollar revenue converted at the Federal Reserve H.10 average for the quarter; a dashed bar is preliminary. Source: Company releases; Federal Reserve H.10 via FRED.
    Q3 2026 operating margin, chip producers (foundry and IDM)Operating margin for each of the chip producers (foundry and IDM) that reported Q3 2026, sorted largest first, with each company’s own reporting period named on the right.BIT MARKET / CHIP PRODUCERS (FOUNDRY AND IDM)Q3 2026 operating margin, chip producers (foundryand IDM)Percent of revenue, largest firstOPERATING MARGINREPORTED PERIOD0%20%40%60%TSMC 3Q 2026: 58.7% (TIFRS, C-E-425)TSMC58.7%3Q 2026Intel 3Q 2026: 15.3% (GAAP, C-E-449)Intel15.3%3Q 2026
    Each company’s own quarter that falls in these months; a loss draws left of zero; a dashed bar is preliminary. Source: Company releases.
    Chip producers (foundry and IDM): revenue, year to this quarterRevenue in US dollars for chip producers (foundry and IDM) over the five quarters up to Q3 2026.BIT MARKET / CHIP PRODUCERS (FOUNDRY AND IDM)Chip producers (foundry and IDM): revenue, yearto this quarterUS dollars; the rule marks this quarterthis issueCHIP PRODUCERS (FOUNDRY AND IDM)$0$20B$40B$60BTSMC 3Q 2025: NT$989.92B (TIFRS, C-E-282), $33.1B at 29.9447 TWD per dollar (H.10, C-E-176)TSMC 4Q 2025: NT$1,046.09B (TIFRS, C-E-283), $33.7B at 31.0232 TWD per dollar (H.10, C-E-177)TSMC 1Q 2026: NT$1,134.10B (TIFRS, C-E-284), $35.9B at 31.6302 TWD per dollar (H.10, C-E-178)TSMC 2Q 2026: NT$1,270.38B (TIFRS, C-E-285), $40.2B at 31.603 TWD per dollar (H.10, C-E-179)TSMC 3Q 2026: NT$1,494.24B (TIFRS, C-E-443), $46.7B at 31.9961 TWD per dollar (H.10, C-E-142)Intel 3Q 2025: $13.7B (GAAP, C-E-279)Intel 4Q 2025: $13.7B (GAAP, C-E-278)Intel 1Q 2026: $13.6B (GAAP, C-E-277)Intel 2Q 2026: $16.1B (GAAP, C-E-276)Intel 3Q 2026: $16.5B (GAAP, C-E-448)● TSMC $46.7B● Intel $16.5BQ3’25Q4’25Q1’26Q2’26Q3’26
    Up to five quarters ending with this one, each company’s own periods at their real end dates. Source: Company releases; Federal Reserve H.10 via FRED.
    Chip producers (foundry and IDM): margin, year to this quarterOperating margin for chip producers (foundry and IDM) over the five quarters up to Q3 2026.BIT MARKET / CHIP PRODUCERS (FOUNDRY AND IDM)Chip producers (foundry and IDM): margin, year tothis quarterPercent of revenue; the rule marks this quarterthis issueCHIP PRODUCERS (FOUNDRY AND IDM)-50%0%50%100%TSMC 3Q 2025: 50.6% (TIFRS, C-E-282)TSMC 4Q 2025: 54.0% (TIFRS, C-E-283)TSMC 1Q 2026: 58.1% (TIFRS, C-E-284)TSMC 2Q 2026: 60.3% (TIFRS, C-E-285)TSMC 3Q 2026: 58.7% (TIFRS, C-E-425)Intel 3Q 2025: 5.0% (GAAP, C-E-279)Intel 4Q 2025: 4.2% (GAAP, C-E-278)Intel 1Q 2026: −23.1% (GAAP, C-E-277)Intel 2Q 2026: 11.1% (GAAP, C-E-276)Intel 3Q 2026: 15.3% (GAAP, C-E-449)● TSMC 58.7%● Intel 15.3%Q3’25Q4’25Q1’26Q2’26Q3’26
    Up to five quarters ending with this one; an arrow marks a quarter below the scale, with its value. Source: Company releases.

    02

    Side by side

    Every filed figure for the group in one table, each in its own currency and period.

    CompanyPeriodRevenueOperating incomeOperating marginCapex / revenueNAND shareRevenue, year on yearRevenue, last four quarters
    TSMC3Q 2026Jul–Sep$46.7Bfiled NT$1,494.24B, TIFRS–58.7%TIFRS––up 50.9%filed currency$156.5BUS dollars
    Intel3Q 2026Jul–Sep$16.5BGAAP–15.3%GAAP––up 20.4%filed currency$59.9BUS dollars

    Under each period are the months it mostly covers. Year-on-year growth compares a company’s quarter with its same quarter a year earlier, in the currency it files in. The last four quarters add each quarter’s revenue in US dollars, shown where all four are filed.

    Won, yen, New Taiwan dollar and yuan figures are converted to US dollars at the Federal Reserve H.10 average for the calendar quarter; the filed figure is under each.

    Sources

    Primary is the original paper, standard or datasheet. Secondary is a review, a vendor summary or a news report. Measured is my own test data.

    Show all 2 sources, 2 primary