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NYSE:TSM

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

$85.41
-2.24 (-2.56%)
(As of 10/3/2023 ET)
Compare
Today's Range
$85.06
▼
$87.32
50-Day Range
$84.29
▼
$100.85
52-Week Range
$59.43
▼
$110.69
Volume
8.18 million shs
Average Volume
11.22 million shs
Market Capitalization
$442.97 billion
P/E Ratio
14.09
Dividend Yield
1.74%
Price Target
$108.33
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

Taiwan Semiconductor Manufacturing MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
26.8% Upside
$108.33 Price Target
Short Interest
Healthy
0.24% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.55mentions of Taiwan Semiconductor Manufacturing in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
20.12%
From $4.82 to $5.79 Per Share

Overall MarketRank™

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

2.85 out of 5 stars

Computer And Technology Sector

129th out of 605 stocks

Semiconductors & Related Devices Industry

25th out of 91 stocks

See Top Rated MarketRank™ Stocks Here

TSM stock logo

About Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock

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 Price History

TSM Stock News Headlines

September 22, 2023 | marketbeat.com
Challenges Hit Broadcom Stock, But Analysts See EPS Growth (TSM)
Broadcom stock was slapped by several recent developments, but it remains resilient due to its 2.28% yield and history of boosting the shareholder payout.
September 18, 2023 | marketbeat.com
Arm's Blockbuster IPO: Big Names and High Expectations (TSM)
Arm Holdings' $5 billion IPO marks the largest U.S. IPO of 2023, driven by strong investor interest. Major tech players are backing the chip designer's growth.
October 3, 2023 | Behind the Markets (Ad)
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
October 3, 2023 | seekingalpha.com
TSMC: Why Near-Term Downside Is Highly Probable (Rating Downgrade)
October 3, 2023 | finance.yahoo.com
TSMC’s $72 Billion Rout Has Market Bracing for More
October 3, 2023 | finance.yahoo.com
In Boost for Chip Ambitions, Japan Inks $1.3 Billion in Subsidies for Micron Plant
September 29, 2023 | finance.yahoo.com
Biden’s $100 Billion Chip Bet Caught Up in Arizona Union Showdown
September 29, 2023 | americanbankingnews.com
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Given Average Recommendation of "Buy" by Analysts
October 3, 2023 | Behind the Markets (Ad)
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
September 28, 2023 | finance.yahoo.com
Synopsys (SNPS) & TSMC to Advance Multi-Die System Design
September 27, 2023 | finance.yahoo.com
TSMC Announces Breakthrough Set to Redefine the Future of 3D IC
September 27, 2023 | americanbankingnews.com
Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock Rating Upgraded by StockNews.com
September 26, 2023 | finance.yahoo.com
Synopsys' (SNPS) Design Flows Get Certification for N2 Process
September 25, 2023 | finance.yahoo.com
RPT-Mexico eyes US energy exports from solar farm, chip supply chain role
September 25, 2023 | investing.com
TSMC's 2nm chip production potentially delayed amid global semiconductor slowdown
September 24, 2023 | finance.yahoo.com
Intel's Meteor Lake Gamble Could Pay Off
September 22, 2023 | finance.yahoo.com
NVIDIA’s AI-Driven Sales Surge Faces Potential Production and Competition Challenges
September 22, 2023 | finance.yahoo.com
The Ironic Reason Artificial Intelligence (AI) Stock Nvidia Could Massively Underperform in 2024
September 21, 2023 | finance.yahoo.com
What Investors Need to Know About Intel and TSMC's Unique Relationship -- They're More Than Just Competitors
September 20, 2023 | seekingalpha.com
TSMC: AI Winner At Attractive Valuation
September 20, 2023 | finance.yahoo.com
Asian stocks creep lower ahead of Fed rate decision
September 19, 2023 | finance.yahoo.com
Why Intel Plunged at the End of the Day Today
September 19, 2023 | finance.yahoo.com
GLOBAL MARKETS-Shares slip, yields rise as market awaits likely hawkish tone from Fed
September 19, 2023 | finance.yahoo.com
Intel says newest laptop chips, software will handle generative AI
September 19, 2023 | msn.com
Taiwan Semiconductor, Arizona discuss adding advanced chip packaging capacity - report
September 18, 2023 | finance.yahoo.com
Asian chipmakers slide as TSMC report stokes demand fears
September 15, 2023 | finance.yahoo.com
Why Amazon Pulled Back Today
See More Headlines
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TSM Company Calendar

Ex-Dividend for 7/13 Dividend
6/15/2023
Dividend Payable
7/13/2023
Last Earnings
7/20/2023
Ex-Dividend for 10/12 Dividend
9/14/2023
Today
10/03/2023
Dividend Payable
10/12/2023
Next Earnings (Confirmed)
10/19/2023
Fiscal Year End
12/31/2023
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 Forecast
$108.33
High Stock Price Forecast
$135.00
Low Stock Price Forecast
$75.00
Forecasted Upside/Downside
+26.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$6.06
Trailing P/E Ratio
14.15
Forward P/E Ratio
17.79
P/E Growth
3.02
Net Income
$32.31 billion
Net Margins
43.31%
Pretax Margin
48.41%
Return on Equity
32.08%
Return on Assets
19.39%

Debt

Debt-to-Equity Ratio
0.29
Current Ratio
2.42
Quick Ratio
2.13

Sales & Book Value

Annual Sales
$2.23 trillion
Price / Sales
0.20
Cash Flow
$9.19 per share
Price / Cash Flow
9.33
Book Value
$18.31 per share
Price / Book
4.68

Miscellaneous

Outstanding Shares
5,186,414,000
Free Float
5,128,845,000
Market Cap
$444.63 billion
Optionable
Optionable
Beta
1.07

Social Links

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Key Executives

  • Dr. C. C. WeiDr. C. C. Wei
    Vice Chairman & CEO
  • Mr. Jen-Chau Huang
    VP & CFO
  • Mr. Y. P. Chin
    Sr. VP of Operations & Overseas Operations Office
  • Dr. Horng-Dar Lin
    VP of Corp. Information Technology & Chief Information Officer
  • Jeff Su
    Director of Investor Relations
  • Ms. Sylvia Fang
    VP of Legal, Gen. Counsel, Corp. Governance Officer & Sec.
  • Ms. Elizabeth Sun
    Sr. Director of Corp. Communication Division
  • Ms. Li Mei He Ho
    Sr. VP of HR
  • Dr. Wei-Jen Lo
    Sr. VP of R&D
  • Mr. Richard B. Cassidy IIMr. Richard B. Cassidy II
    Sr. VP of Corp. Strategy Office and Overseas Office & Chairman of TSMC Arizona

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













TSM Stock - Frequently Asked Questions

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Taiwan Semiconductor Manufacturing in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023?

5 Wall Street analysts have issued 1-year price targets for Taiwan Semiconductor Manufacturing's shares. Their TSM share price forecasts range from $75.00 to $135.00. On average, they expect the company's share price to reach $108.33 in the next twelve months. This suggests a possible upside of 26.4% 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 at the start of the year. Since then, TSM stock has increased by 15.1% and is now trading at $85.73.
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, October 19th 2023.
View our TSM earnings forecast.

How can I listen to Taiwan Semiconductor Manufacturing's earnings call?

Taiwan Semiconductor Manufacturing will be holding an earnings conference call on Thursday, October 19th at 2:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Taiwan Semiconductor Manufacturing's earnings last quarter?

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) released its quarterly earnings data on Thursday, July, 20th. The semiconductor company reported $1.14 EPS for the quarter, topping analysts' consensus estimates of $1.07 by $0.07. The semiconductor company had revenue of $15.68 billion for the quarter, compared to analysts' expectations of $15.52 billion. Taiwan Semiconductor Manufacturing had a net margin of 43.31% and a trailing twelve-month return on equity of 32.08%.

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

Taiwan Semiconductor Manufacturing declared a quarterly dividend on Wednesday, August 9th. Investors of record on Friday, December 15th will be given a dividend of $0.4724 per share on Thursday, January 11th. This represents a $1.89 annualized dividend and a yield of 2.20%. The ex-dividend date is Thursday, December 14th.
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), Engine No. 1 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).

Is Taiwan Semiconductor Manufacturing a good dividend stock?

Taiwan Semiconductor Manufacturing (NYSE:TSM) pays an annual dividend of $1.49 per share and currently has a dividend yield of 1.72%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSM will have a dividend payout ratio of 25.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TSM.

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

Taiwan Semiconductor Manufacturing updated its third quarter 2023 earnings guidance on Thursday, July, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $16.70 billion-$17.50 billion, compared to the consensus revenue estimate of $17.68 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).

What is Taiwan Semiconductor Manufacturing's stock symbol?

Taiwan Semiconductor Manufacturing trades on the New York Stock Exchange (NYSE) under the ticker symbol "TSM."

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.

What is Taiwan Semiconductor Manufacturing's stock price today?

One share of TSM stock can currently be purchased for approximately $85.73.

How much money does Taiwan Semiconductor Manufacturing make?

Taiwan Semiconductor Manufacturing (NYSE:TSM) has a market capitalization of $444.63 billion and generates $2.23 trillion in revenue each year. The semiconductor company earns $32.31 billion in net income (profit) each year or $6.06 on an earnings per share basis.

How many employees does Taiwan Semiconductor Manufacturing have?

The company employs 73,090 workers across the globe.

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
How can I contact Taiwan Semiconductor Manufacturing?

Taiwan Semiconductor Manufacturing's mailing address is NO. 8 LI-HSIN ROAD 6 SCIENCE-BASED INDUSTRIAL PARK, HSINCHU F5, 300-78. The official website for the company is www.tsmc.com.tw. The semiconductor company can be reached via phone at (863) 563-6688, via email at invest@tsmc.com, or via fax at 886-3563-7000.

This page (NYSE:TSM) was last updated on 10/3/2023 by MarketBeat.com Staff

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