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Taiwan Semiconductor Manufacturing (TSM) Stock Price, News & Analysis

$100.50
+0.15 (+0.15%)
(As of 01:10 PM ET)
Compare
Today's Range
$99.37
▼
$101.13
50-Day Range
$85.41
▼
$100.35
52-Week Range
$72.84
▼
$110.69
Volume
4.50 million shs
Average Volume
10.81 million shs
Market Capitalization
$521.23 billion
P/E Ratio
18.08
Dividend Yield
1.46%
Price Target
$116.67
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media

Taiwan Semiconductor Manufacturing MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
16.6% Upside
$116.67 Price Target
Short Interest
Healthy
0.26% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.78mentions of Taiwan Semiconductor Manufacturing in the last 14 days
Based on 22 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
16.70%
From $4.97 to $5.80 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.56 out of 5 stars

Computer And Technology Sector

117th out of 586 stocks

Semiconductors & Related Devices Industry

21st out of 83 stocks

See Top Rated MarketRank™ Stocks Here

TSM stock logo

About Taiwan Semiconductor Manufacturing Stock (NYSE:TSM)

Morris Chang founded Taiwan Semiconductor Manufacturing Company Limited in 1987. The company was founded as and remains to this day the world's leading pure-play semiconductor foundry. A semiconductor foundry manufactures semiconductors for other companies at their specification; clients of Taiwan Semiconductor include but are not limited to Advanced Micro Devices, Apple, NVIDIA and Broadcom. Even some semiconductor manufacturers with their own production facilities, such as Intel and Texas Instruments, use Taiwan Semiconductor to some degree.

This model aims to ensure Taiwan Semiconductor remains relevant to the semiconductor industry while never competing with its customers. The company’s mission statement says it all “to be the trusted technology and capacity provider of the global logic IC (integrated circuit) industry for years to come.”

The company has been traded on the Taiwan stock exchange since 1993 and the New York Stock Exchange in 1997. Taiwan Semiconductor is the 2nd most valuable semiconductor company on the market and is only supplanted by Nvidia, a primary customer. In regard to its growth, the stock has grown revenue and earnings by better than 15% annually for investors since its IPO.

The company operates a network of foundries throughout Taiwan. As of 2022, there seven operations foundries and 2 in the works, including 1 in Arizona and 1 in Japan. The Arizona plant will be operational by 2024 and will begin manufacturing with the 3 nm processes.

With these, Taiwan Semiconductor can manufacture nearly 15 million 300 mm wafers per year. The company’s capabilities include process nodes ranging from 2 microns to 4nm. The company also packages, tests, and markets integrated circuits, semiconductor devices and related services internationally. The company’s products include logic, mixed-signal, RF and embedded memory chips.

Taiwan Semiconductor has been focused on maintaining its leading position right from the start. To that end, the company tends to reinvest large amounts of capital to increase and expand production as well as in the advancement of semiconductor technology.

Among the company’s many advancements are the development of N7+ and then N5 and down to the current standard of N4. These technologies were the first commercially available extreme ultraviolet lithography processes. This technology allows for smaller circuitry on the microchip and increases the chip's transistor density and overall functioning. Areas of research are centered on 4 disciplines that include Logic, Interconnect, Memory and Artificial Intelligence. Specific avenues for research include transistor structure, ferroelectrics and on and off-chip interconnect systems.

Taiwan Semiconductor's revenue topped $57 billion in 2021. The company manufactured 12,302 different semiconductor devices that year, using 291 different technologies for 535 clients. Its products are used in mobile devices, telecommunications, automobiles, manufacturing and consumer technology, to name a few end markets.

The company employs more than 65,000 people and is committed to the shift to green energy and sustainability. To that end, it became the 1st semiconductor company to make the RE100 pledge which states it will use 100% renewable energy by the year 2050.



TSM Stock Price History

TSM Stock News Headlines

November 15, 2023 | marketbeat.com
This once-in-a-cycle deal will build your wealth like no other (TSM)
Daqo New Energy could be the industry's last hope at landing a peace treaty between the United States and China's technology conflict, analysts are all over it
November 13, 2023 | marketbeat.com
VanEck Semiconductor ETF nears all-time highs
The Semiconductor Sector, represented by SMH, is on the brink of all-time highs after a recent breakout with its top-holding NVDA set to report earnings soon.
December 11, 2023 | DTI Trader (Ad)
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
December 11, 2023 | ft.com
Semiconductor giants race to make next generation of cutting-edge chips
December 8, 2023 | finance.yahoo.com
TSMC CEO Predicts Big AI Chip Demand but Sees 3 Key Challenges
December 8, 2023 | benzinga.com
Taiwan Semiconductor November Sales Slump 7.5% - Is Global Chip Market Still Not Out Of The Woods?
December 8, 2023 | finance.yahoo.com
TSMC November Sales Slump 7.5% in Sign of Uneven Tech Recovery
December 8, 2023 | finance.yahoo.com
Cliff Asness Stock Portfolio: 10 Top Stock Picks
December 11, 2023 | DTI Trader (Ad)
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
December 8, 2023 | finance.yahoo.com
11 Cash-Rich Stocks to Buy According to Hedge Funds
December 8, 2023 | americanbankingnews.com
Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock Rating Upgraded by StockNews.com
December 6, 2023 | finance.yahoo.com
Why the Market Dipped But TSMC (TSM) Gained Today
December 5, 2023 | seekingalpha.com
TSMC: The Road To $145
December 5, 2023 | benzinga.com
Decoding Taiwan Semiconductor's Options Activity: What's the Big Picture?
December 5, 2023 | americanbankingnews.com
Traders Purchase Large Volume of Taiwan Semiconductor Manufacturing Call Options (NYSE:TSM)
December 4, 2023 | finance.yahoo.com
After Israel and Ukraine, Taiwan business leaders fear Taipei-Beijing tensions may trigger the next geopolitical conflict
December 2, 2023 | finance.yahoo.com
What TSMC, Amkor, and Samsung Investors Should Know About Recent Semiconductor Manufacturing Updates
December 1, 2023 | finance.yahoo.com
1 Semiconductor Stock You'll Regret Not Buying Right Now
November 30, 2023 | finance.yahoo.com
Q4 2023 Synopsys Inc Earnings Call
November 29, 2023 | finance.yahoo.com
Taiwan Semiconductor Stock Ascending As Chip Giant Forms Base
November 28, 2023 | finance.yahoo.com
Forget C3.ai: Buy This Artificial Intelligence (AI) Stock
November 28, 2023 | seekingalpha.com
TSMC: Secular Trends And Market Potential Make It A Strong Buy Ahead Of A Recovery
November 27, 2023 | finance.yahoo.com
AI chip contenders face daunting ‘moats’
November 27, 2023 | msn.com
Taiwan Semiconductor Manufacturing - ADR (TSM) Price Target Increased by 11.74% to 102.52
November 24, 2023 | finance.yahoo.com
TSMC (TSM) Stock Declines While Market Improves: Some Information for Investors
November 24, 2023 | finance.yahoo.com
Taiwan Presidential Race Set; U.S.-China Chip War Nears Moment Of Truth For Nvidia, Apple And The World
November 23, 2023 | finance.yahoo.com
China Tried Using Economic Ties to Bring Taiwan Closer. It Isn’t Working.
See More Headlines
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Company Calendar

Ex-Dividend for 10/12 Dividend
9/14/2023
Dividend Payable
10/12/2023
Last Earnings
10/19/2023
Today
12/11/2023
Ex-Dividend for 1/11 Dividend
12/14/2023
Fiscal Year End
12/31/2023
Dividend Payable
1/11/2024
Next Earnings (Estimated)
1/11/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Semiconductors & related devices
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NYSE:TSM
CUSIP
N/A
CIK
1046179
Web
www.tsmc.com.tw
Phone
(863) 563-6688
Fax
886-3563-7000
Employees
73,090
Year Founded
1987

Price Target and Rating

Average Stock Price Target
$116.67
High Stock Price Target
$130.00
Low Stock Price Target
$105.00
Potential Upside/Downside
+16.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$5.56
Trailing P/E Ratio
18.05
Forward P/E Ratio
20.19
P/E Growth
2.82
Net Income
$32.31 billion
Net Margins
41.42%
Pretax Margin
46.47%
Return on Equity
28.28%
Return on Assets
17.24%

Debt

Debt-to-Equity Ratio
0.29
Current Ratio
2.15
Quick Ratio
1.88

Sales & Book Value

Annual Sales
$75.88 billion
Price / Sales
6.86
Cash Flow
$9.32 per share
Price / Cash Flow
10.77
Book Value
$18.31 per share
Price / Book
5.48

Miscellaneous

Outstanding Shares
5,186,410,000
Free Float
5,128,845,000
Market Cap
$520.46 billion
Optionable
Optionable
Beta
1.05

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Key Executives

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy Taiwan Semiconductor Manufacturing Stock? TSM Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Taiwan Semiconductor Manufacturing was last updated on Sunday, December 10, 2023 at 7:10 PM.

Pros

Here are some ways that investors could benefit from investing in Taiwan Semiconductor Manufacturing:

  • Taiwan Semiconductor Manufacturing Company Limited is a leading manufacturer of integrated circuits, which are essential components in various electronic devices.
  • The company has a strong track record of innovation and technological advancements, allowing it to stay competitive in the rapidly evolving semiconductor industry.
  • Taiwan Semiconductor Manufacturing Company Limited has a diverse customer base, including major technology companies, which provides stability and growth opportunities.
  • The company's focus on research and development ensures that it stays at the forefront of new technologies and market trends.
  • Investing in Taiwan Semiconductor Manufacturing Company Limited offers exposure to the growing demand for semiconductors in industries such as 5G, Internet of Things, automotive, and digital consumer electronics.

Cons

Investors should be bearish about investing in Taiwan Semiconductor Manufacturing for these reasons:

  • Fluctuations in the semiconductor industry can impact the company's financial performance and stock price.
  • Competition in the semiconductor market is intense, and the company may face challenges in maintaining its market share.
  • Changes in government regulations and trade policies can affect the company's operations and profitability.
  • Investing in Taiwan Semiconductor Manufacturing Company Limited involves exposure to foreign exchange risks due to its global operations.
  • The company's stock price may be influenced by macroeconomic factors and market conditions.














TSM Stock Analysis - Frequently Asked Questions

Should I buy or sell Taiwan Semiconductor Manufacturing stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Taiwan Semiconductor Manufacturing in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TSM shares.
View TSM analyst ratings or view top-rated stocks.

What is Taiwan Semiconductor Manufacturing's stock price target for 2024?

4 brokers have issued 1-year price targets for Taiwan Semiconductor Manufacturing's stock. Their TSM share price targets range from $105.00 to $130.00. On average, they expect the company's stock price to reach $116.67 in the next twelve months. This suggests a possible upside of 16.6% from the stock's current price.
View analysts price targets for TSM or view top-rated stocks among Wall Street analysts.

How have TSM shares performed in 2023?

Taiwan Semiconductor Manufacturing's stock was trading at $74.49 on January 1st, 2023. Since then, TSM shares have increased by 34.3% and is now trading at $100.06.
View the best growth stocks for 2023 here.

When is Taiwan Semiconductor Manufacturing's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 11th 2024.
View our TSM earnings forecast.

How were Taiwan Semiconductor Manufacturing's earnings last quarter?

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) announced its earnings results on Thursday, October, 19th. The semiconductor company reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.13. The semiconductor company had revenue of $17.28 billion for the quarter, compared to analysts' expectations of $16.90 billion. Taiwan Semiconductor Manufacturing had a net margin of 41.42% and a trailing twelve-month return on equity of 28.28%. The business's revenue for the quarter was down 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.79 earnings per share.

How often does Taiwan Semiconductor Manufacturing pay dividends? What is the dividend yield for Taiwan Semiconductor Manufacturing?

Taiwan Semiconductor Manufacturing announced a quarterly dividend on Wednesday, November 15th. Shareholders of record on Tuesday, March 19th will be given a dividend of $0.5415 per share on Thursday, April 11th. This represents a $2.17 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date of this dividend is Monday, March 18th. This is an increase from the stock's previous quarterly dividend of $0.47.
Read our dividend analysis for TSM.

Is Taiwan Semiconductor Manufacturing a good dividend stock?

Taiwan Semiconductor Manufacturing (NYSE:TSM) pays an annual dividend of $1.47 per share and currently has a dividend yield of 1.46%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 26.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSM will have a dividend payout ratio of 25.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TSM.

What ETFs hold Taiwan Semiconductor Manufacturing's stock?

ETFs with the largest weight of Taiwan Semiconductor Manufacturing (NYSE:TSM) stock in their portfolio include VanEck Semiconductor ETF (SMH), Matthews Emerging Markets ex China Active ETF (MEMX), Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM), Alpha Architect Freedom 100 Emerging Market ETF (FRDM), TCW Transform Supply Chain ETF (SUPP), SPDR S&P Emerging Asia Pacific ETF (GMF), Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH) and AXS Green Alpha ETF (NXTE).

What guidance has Taiwan Semiconductor Manufacturing issued on next quarter's earnings?

Taiwan Semiconductor Manufacturing issued an update on its fourth quarter 2023 earnings guidance on Thursday, October, 19th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $18.80 billion-$19.60 billion, compared to the consensus revenue estimate of $18.65 billion.

What is Morris Chang's approval rating as Taiwan Semiconductor Manufacturing's CEO?

289 employees have rated Taiwan Semiconductor Manufacturing Chief Executive Officer Morris Chang on Glassdoor.com. Morris Chang has an approval rating of 96% among the company's employees. This puts Morris Chang in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Taiwan Semiconductor Manufacturing own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Taiwan Semiconductor Manufacturing investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), Alibaba Group (BABA), QUALCOMM (QCOM), Micron Technology (MU), Cisco Systems (CSCO), PayPal (PYPL), Tesla (TSLA) and Salesforce (CRM).

Who are Taiwan Semiconductor Manufacturing's major shareholders?

Taiwan Semiconductor Manufacturing's stock is owned by a number of retail and institutional investors. Top institutional investors include Sanders Capital LLC (0.83%), FMR LLC (0.80%), Massachusetts Financial Services Co. MA (0.52%), Bank of New York Mellon Corp (0.50%), Morgan Stanley (0.46%) and Van ECK Associates Corp (0.29%).
View institutional ownership trends.

How do I buy shares of Taiwan Semiconductor Manufacturing?

Shares of TSM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does Taiwan Semiconductor Manufacturing have any subsidiaries?
The following companies are subsidiares of Taiwan Semiconductor Manufacturing: Growth Fund Limited, InveStar Semiconductor Development Fund Inc., InveStar Semiconductor Development Fund Inc. (II) LDC., TSMC China Company Limited, TSMC Design Technology Canada Inc., TSMC Development Inc., TSMC Europe B.V., TSMC Global Ltd., TSMC Japan Limited, TSMC Korea Limited, TSMC Nanjing Company Limited, TSMC North America, TSMC Partners Ltd., TSMC Solar Europe GmbH, TSMC Technology Inc., VentureTech Alliance Fund II L.P., VentureTech Alliance Fund III L.P., VisEra Technologies Company Ltd., and WaferTech LLC.
Read More
This page (NYSE:TSM) was last updated on 12/11/2023 by MarketBeat.com Staff

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