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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
⚡ 2,467% Return on Israeli Laser Company? (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
⚡ 2,467% Return on Israeli Laser Company? (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
The gold catalyst we've waited for (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
⚡ 2,467% Return on Israeli Laser Company? (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
⚡ 2,467% Return on Israeli Laser Company? (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
The gold catalyst we've waited for (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
⚡ 2,467% Return on Israeli Laser Company? (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress
⚡ 2,467% Return on Israeli Laser Company? (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
The gold catalyst we've waited for (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
NYSE:TSM

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

$103.21
+2.26 (+2.24%)
(As of 05/26/2023 ET)
Compare
Today's Range
$100.73
▼
$104.44
50-Day Range
$82.25
▼
$103.21
52-Week Range
$59.43
▼
$104.44
Volume
26.14 million shs
Average Volume
11.56 million shs
Market Capitalization
$535.26 billion
P/E Ratio
15.95
Dividend Yield
1.38%
Price Target
$99.75
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

Taiwan Semiconductor Manufacturing MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
3.4% Downside
$99.75 Price Target
Short Interest
Healthy
0.37% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.41mentions of Taiwan Semiconductor Manufacturing in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.70%
From $5.31 to $6.25 Per Share

Overall MarketRank™

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

2.27 out of 5 stars

Computer And Technology Sector

261st out of 623 stocks

Semiconductors & Related Devices Industry

38th out of 89 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.



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TSM Stock News Headlines

May 17, 2023 | marketbeat.com
Buffett's Latest Buys: What Stocks Is He Adding to His Portfolio? (TSM)
Berkshire Hathaway buys $13.2 billion stake in Occidental Petroleum. Capital One is a new large holding, while stakes in Bank of America and Citigroup increase.
May 3, 2023 | marketbeat.com
Wall Street Thinks These 3 MegaCaps Have the Biggest Gains Ahead (TSM)
Many other mega cap companies are on par if not better than the usual big names. Wall Street thinks these three will have the biggest gains over the next year.
May 28, 2023 | Behind the Markets (Ad)
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May 2, 2023 | marketbeat.com
Why China's BYD May Be About To Overtake Tesla In The EV Market (TSM)
U.S. investors may be overlooking the potential of China-based EV maker BYD, which is aggressively ramping up production and has Tesla in its sights.
April 28, 2023 | marketbeat.com
Daqo New Energy Is a Budding Chinese Value Play
Daqo New Energy shares closed the day up amid pleasant outlook for 2023 within first quarter results, hidden value may suprise some investors with upside
May 28, 2023 | americanbankingnews.com
StockNews.com Downgrades Taiwan Semiconductor Manufacturing (NYSE:TSM) to Hold
May 27, 2023 | finance.yahoo.com
Is Japan Building Its Own TSMC to Manufacture AI Chips?
May 26, 2023 | finance.yahoo.com
2 Reasons to Buy TSMC Stock, and 1 Reason to Sell
May 28, 2023 | MarketBeat Internal (Ad)
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May 25, 2023 | finance.yahoo.com
A Cheaper Way to Bet on AI Than Investing in Nvidia
May 22, 2023 | finance.yahoo.com
TSMC Retakes Lead From Tencent for Asia’s Largest Market Cap
May 22, 2023 | finance.yahoo.com
20 Poorest Countries in Asia
May 22, 2023 | americanbankingnews.com
StockNews.com Initiates Coverage on Taiwan Semiconductor Manufacturing (NYSE:TSM)
May 21, 2023 | seekingalpha.com
TSMC: Hostage Of Beijing
May 19, 2023 | finance.yahoo.com
TSMC (TSM) Stock Moves -0.08%: What You Should Know
May 19, 2023 | americanbankingnews.com
Taiwan Semiconductor Manufacturing (NYSE:TSM) Trading Up 4%
May 18, 2023 | msn.com
Taiwan Semiconductor: Buffett Is Missing Out As He Bails Out (Rating Upgrade)
May 18, 2023 | americanbankingnews.com
Taiwan Semiconductor Manufacturing Sees Unusually Large Options Volume (NYSE:TSM)
May 16, 2023 | finance.yahoo.com
UPDATE 1-Japan PM Kishida to meet executives from top chip firms -sources
May 16, 2023 | finance.yahoo.com
Japan PM Kishida to meet executives from top chip firms -sources
May 16, 2023 | seekingalpha.com
Taiwan Semiconductor: Buffett Overhang Is A Gift
May 16, 2023 | finance.yahoo.com
What's Going On With Taiwan Semiconductor Stock Tuesday
May 16, 2023 | finance.yahoo.com
TSMC Stock Holds Up Despite Exit by Buffett’s Berkshire Hathaway
May 16, 2023 | finance.yahoo.com
Warren Buffett Reveals Why He Sold Taiwan Semiconductor Stock, and What He's Looking For in an Alternative
May 16, 2023 | finance.yahoo.com
Buffett Exits TSMC While Hedge Funds Coatue, Tiger Global Buy
May 12, 2023 | msn.com
Taiwan Semiconductor: Too Big To Fail
May 12, 2023 | americanbankingnews.com
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Raises Dividend to $0.49 Per Share
See More Headlines
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TSM Company Calendar

Last Earnings
7/14/2021
Ex-Dividend for 4/13 Dividend
3/16/2023
Dividend Payable
4/13/2023
Today
5/28/2023
Ex-Dividend for 7/13 Dividend
6/15/2023
Dividend Payable
7/13/2023
Next Earnings (Estimated)
7/13/2023
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
$99.75
High Stock Price Forecast
$126.00
Low Stock Price Forecast
$75.00
Forecasted Upside/Downside
-3.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$6.47
Trailing P/E Ratio
15.95
Forward P/E Ratio
19.44
P/E Growth
0.94
Net Income
$32.31 billion
Net Margins
44.72%
Pretax Margin
49.54%
Return on Equity
36.02%
Return on Assets
21.37%

Debt

Debt-to-Equity Ratio
0.29
Current Ratio
2.29
Quick Ratio
2.04

Sales & Book Value

Annual Sales
$75.88 billion
Price / Sales
7.05
Cash Flow
$9.31 per share
Price / Cash Flow
11.08
Book Value
$19.62 per share
Price / Book
5.26

Miscellaneous

Outstanding Shares
5,186,080,000
Free Float
5,128,511,000
Market Cap
$535.26 billion
Optionable
Optionable
Beta
1.10

Social Links


Key Executives

  • Che Chia Wei
    Vice Chairman & Chief Executive Officer
  • Y. P. Chin
    Senior Vice President-Operations
  • Wendell Huang
    Chief Financial Officer & Vice President
  • J. K. Lin
    SVP-Information Technology & Materials Management
  • Y. J. Mii
    Senior Vice President-Research & Development

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?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Taiwan Semiconductor Manufacturing in the last year. There are currently 1 hold rating and 6 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?

7 brokerages have issued twelve-month price targets for Taiwan Semiconductor Manufacturing's shares. Their TSM share price forecasts range from $75.00 to $126.00. On average, they predict the company's share price to reach $99.75 in the next year. This suggests that the stock has a possible downside of 3.4%.
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 stock has increased by 38.6% and is now trading at $103.21.
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, July 13th 2023.
View our TSM earnings forecast.

How were Taiwan Semiconductor Manufacturing's earnings last quarter?

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) issued its earnings results on Wednesday, July, 14th. The semiconductor company reported $0.93 earnings per share for the quarter, meeting analysts' consensus estimates of $0.93. The semiconductor company earned $372.15 billion during the quarter, compared to analyst estimates of $372.58 billion. Taiwan Semiconductor Manufacturing had a trailing twelve-month return on equity of 36.02% and a net margin of 44.72%. The firm's revenue was up 19.8% on a year-over-year basis. During the same period in the prior year, the firm earned $4.66 EPS.

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, May 10th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.489 per share on Thursday, October 12th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date of this dividend is Thursday, September 14th. This is an increase from the stock's previous quarterly dividend of $0.36.
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), Alpha Architect Freedom 100 Emerging Market ETF (FRDM), Putnam Panagora ESG Emerging Markets Equity ETF (PPEM), Optimize AI Smart Sentiment Event-Driven ETF (OAIE), Wahed Dow Jones Islamic World ETF (UMMA), ProShares Nanotechnology ETF (TINY) and Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH).

Is Taiwan Semiconductor Manufacturing a good dividend stock?

Taiwan Semiconductor Manufacturing (NYSE:TSM) pays an annual dividend of $1.42 per share and currently has a dividend yield of 1.37%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSM will have a dividend payout ratio of 22.72% 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 issued an update on its second quarter 2023 earnings guidance on Thursday, April, 20th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $15.20 billion-$16.00 billion, compared to the consensus revenue estimate of $15.98 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."

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 Macquarie Group Ltd. (1.52%), FMR LLC (0.81%), Sanders Capital LLC (0.80%), Fisher Asset Management LLC (0.49%), Bank of New York Mellon Corp (0.48%) and Fiera Capital Corp (0.30%).
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.

What is Taiwan Semiconductor Manufacturing's stock price today?

One share of TSM stock can currently be purchased for approximately $103.21.

How much money does Taiwan Semiconductor Manufacturing make?

Taiwan Semiconductor Manufacturing (NYSE:TSM) has a market capitalization of $535.26 billion and generates $75.88 billion in revenue each year. The semiconductor company earns $32.31 billion in net income (profit) each year or $6.47 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 5/28/2023 by MarketBeat.com Staff

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