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

$138.86
-1.28 (-0.91%)
(As of 10:10 AM ET)
Today's Range
$137.06
$138.92
50-Day Range
$119.39
$149.20
52-Week Range
$81.21
$158.40
Volume
3.53 million shs
Average Volume
15.19 million shs
Market Capitalization
$720.18 billion
P/E Ratio
26.81
Dividend Yield
1.24%
Price Target
$147.00

Taiwan Semiconductor Manufacturing MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
4.9% Upside
$147.00 Price Target
Short Interest
Healthy
0.48% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.77mentions of Taiwan Semiconductor Manufacturing in the last 14 days
Based on 65 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
23.90%
From $6.15 to $7.62 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.34 out of 5 stars

Computer And Technology Sector

386th out of 591 stocks

Semiconductors & Related Devices Industry

62nd out of 90 stocks

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

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The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas
“Forget Tesla, this is Elon’s Next Big Thing”
According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.
5 Trends You Need to Know This Quarter
The global financial markets are like a machine, and each asset class acts as a cog that twists and turns each cycle. Today, there are a few key trends that investors should be aware of before the quarter ends to help them consider the best themes for growing their wealth.
5 Trends You Need to Know This Quarter
Five key trends stand out for investors to keep in mind for the next quarter, all bringing their own set of opportunities that cannot be missed.
Taiwan Semiconductor Stock Analysis: Investment Insights (TSM)
Dive into our comprehensive analysis of Taiwan Semiconductor's stock, including latest trends, future forecasts. Discover if TSMC is your next smart investment.
Taiwan Semiconductor Stock Analysis: Investment Insights
Dive into our comprehensive analysis of Taiwan Semiconductor's stock, including latest trends, future forecasts. Discover if TSMC is your next smart investment.
5 Semiconductor Giants: Navigating the Recent Pullback
Amidst the recent correction and pullback across the semiconductor sector, a sector that has long been a powerhouse driving market growth, investors find themselves at a pivotal juncture. After a period of remarkable performance both year-to-date and over the previous year, the sector has encountered a significant pullback.
“Forget Tesla, this is Elon’s Next Big Thing”
According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.
5 Semiconductor Giants: Navigating the Recent Pullback
Despite the recent pullback, the semiconductor sector, led by giants like NVDA, AMD, and TSMC, has been instrumental in driving overall market growth.
Here’s Your Seat at the AI Table, at Half the Price
Taiwan Semiconductor stock is set to break out in the next leg of the AI race, offering nearly twice the growth to NVIDIA at half the valuation.
Biden administration announces $6.6 billion to ensure leading-edge microchips are built in the US
The Biden administration has pledged to provide up to $6.6 billion so that a Taiwanese semiconductor giant can expand the facilities it is already building in Arizona and better ensure that the most-advanced microchips are produced domestically for the first time
Taiwan Semiconductor Manufacturing (NYSE:TSM) Shares Down 2.9%
7 Must-Own Tech Stocks to Capitalize on the AI Frenzy
See More Headlines
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Company Calendar

Last Earnings
1/18/2024
Ex-Dividend for 4/11 Dividend
3/18/2024
Dividend Payable
4/11/2024
Today
4/16/2024
Next Earnings (Confirmed)
4/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Employees
73,090
Year Founded
1987

Price Target and Rating

Average Stock Price Target
$147.00
High Stock Price Target
$180.00
Low Stock Price Target
$95.00
Potential Upside/Downside
+4.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$26.88 billion
Pretax Margin
45.30%

Debt

Sales & Book Value

Annual Sales
$2.16 trillion
Cash Flow
$8.33 per share
Book Value
$21.84 per share

Miscellaneous

Outstanding Shares
5,186,414,000
Free Float
5,128,845,000
Market Cap
$726.98 billion
Optionable
Optionable
Beta
1.15

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Key Executives

  • Dr. C. C. WeiDr. C. C. Wei
    Vice Chairman & CEO
  • Mr. Jen-Chau Huang
    Senior VP of Finance & CFO
  • Mr. Y. P. Chyn
    Executive VP of Operations & Overseas Operations Office and Co-COO
  • Dr. Y. J. Mii
    Executive VP of Research & Development and Co-COO
  • Dr. Horng-Dar Lin
    Vice President of Corporate Information Technology & Chief Information Officer
  • Jeff Su
    Director of Investor Relations
  • Ms. Sylvia Fang
    Senior VP of Legal, General Counsel & Corporate Governance Officer
  • Ms. Elizabeth Sun
    Senior Director of Corporate Communication Division
  • Ms. Li Mei He Ho
    Senior Vice President of Human Resources
  • Dr. Wei-Jen Lo
    Senior Vice President of Corporate Strategy Development

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

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 and semiconductor devices, operating globally with a strong market presence.
  • The company provides advanced wafer fabrication processes for various semiconductor products, including logic, mixed-signal, radio frequency, and embedded memory semiconductors, catering to diverse technological needs.
  • Recent institutional investor holdings and hedge fund activities indicate positive sentiment towards Taiwan Semiconductor Manufacturing, reflecting confidence in the company's growth prospects.
  • With the increasing demand for semiconductor components across industries like technology, automotive, and healthcare, Taiwan Semiconductor Manufacturing is well-positioned to capitalize on these market trends.
  • Despite short-term market fluctuations, the long-term growth potential of Taiwan Semiconductor Manufacturing remains robust, offering investors a stable investment opportunity in the semiconductor sector.

Cons

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

  • The semiconductor industry is highly competitive and subject to rapid technological advancements, leading to potential challenges in maintaining market share and profitability.
  • Fluctuations in global economic conditions and trade tensions may impact Taiwan Semiconductor Manufacturing's revenue and profitability, introducing volatility to the company's financial performance.
  • Investors should carefully monitor the stock price of Taiwan Semiconductor Manufacturing, considering factors like market trends, industry developments, and company-specific news to make informed investment decisions.
  • Changes in regulatory environments, particularly related to international trade policies and intellectual property rights, could pose risks to Taiwan Semiconductor Manufacturing's operations and financial stability.
  • While Taiwan Semiconductor Manufacturing has a strong market position, investors should diversify their portfolios to mitigate risks associated with sector-specific challenges and market uncertainties.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Taiwan Semiconductor Manufacturing pros and cons to contact@marketbeat.com.

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 twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TSM shares.
View TSM analyst ratings
or view top-rated stocks.

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

4 equities research analysts have issued 12 month price objectives for Taiwan Semiconductor Manufacturing's stock. Their TSM share price targets range from $95.00 to $180.00. On average, they expect the company's share price to reach $147.00 in the next twelve months. This suggests a possible upside of 4.9% 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 2024?

Taiwan Semiconductor Manufacturing's stock was trading at $104.00 on January 1st, 2024. Since then, TSM stock has increased by 34.8% and is now trading at $140.17.
View the best growth stocks for 2024 here
.

When is Taiwan Semiconductor Manufacturing's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 18th 2024.
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, April 18th 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) announced its earnings results on Thursday, January, 18th. The semiconductor company reported $1.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.37 by $0.07. The semiconductor company had revenue of $19.62 billion for the quarter, compared to analyst estimates of $18.99 billion. Taiwan Semiconductor Manufacturing had a trailing twelve-month return on equity of 25.24% and a net margin of 38.80%.

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 Thursday, February 8th. Stockholders of record on Thursday, June 13th will be paid a dividend of $0.4408 per share on Thursday, July 11th. This represents a $1.76 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend is Thursday, June 13th.
Read our dividend analysis for TSM
.

Is Taiwan Semiconductor Manufacturing a good dividend stock?

Taiwan Semiconductor Manufacturing (NYSE:TSM) pays an annual dividend of $1.72 per share and currently has a dividend yield of 1.21%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSM will have a dividend payout ratio of 22.57% 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 first quarter 2024 earnings guidance on Wednesday, April, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $18.9 billion-$18.9 billion, compared to the consensus revenue estimate of $18.4 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 shareholders include Sarasin & Partners LLP (0.07%), ARGA Investment Management LP (0.03%), IMC Chicago LLC (0.00%), Perpetual Ltd (0.01%), Boston Common Asset Management LLC (0.01%) and Guinness Asset Management LTD (0.01%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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 4/16/2024 by MarketBeat.com Staff

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