Today
+0.99%
5 Days
+3.66%
1 Month
-7.46%
6 Months
+19.85%
Year to Date
+37.58%
1 Year
+80.70%
Taiwan Semiconductor Manufacturing Co Ltd's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 45 out of 104 in the Semiconductors & Semiconductor Equipment industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 542.64.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
Taiwan Semiconductor Manufacturing Company Limited is a leading Taiwanese multinational firm specializing in semiconductor contract manufacturing and design services. Recognized as one of the most valuable semiconductor firms globally, it stands as the largest dedicated independent semiconductor foundry and is considered Taiwan's most significant company, with its headquarters and primary operations situated in the Hsinchu Science Park in Hsinchu, Taiwan. While the Taiwanese government remains the largest single shareholder, a substantial portion of TSMC is owned by international investors. In 2023, the company secured the 44th position on the Forbes Global 2000 list. Taiwan's exports of integrated circuits reached $184 billion in 2022, contributing nearly 25 percent to the nation's GDP. TSMC accounts for roughly 30 percent of the main index of the Taiwan Stock Exchange.
Established in 1987 by Morris Chang, TSMC became the world's first dedicated semiconductor foundry and has consistently led the industry ever since. Upon Chang’s retirement in 2018 after three decades of leadership, Mark Liu assumed the role of chairman, while C. C. Wei became the Chief Executive Officer. The company has been publicly traded on the Taiwan Stock Exchange since 1993 and was the first Taiwanese entity listed on the New York Stock Exchange in 1997. TSMC has recorded a compound annual growth rate (CAGR) of 17.4 percent in revenue and 16.1 percent in earnings since 1994.
Numerous fabless semiconductor companies, including AMD, Apple, ARM, Broadcom, Marvell, MediaTek, Qualcomm, and Nvidia, rely on TSMC for their production needs, alongside up-and-coming firms such as Allwinner Technology, HiSilicon, Spectra7, and UNISOC. Companies specializing in programmable logic devices, Xilinx and previously Altera, also utilize TSMC's foundry services. Additionally, several integrated device manufacturers with their own fabrication plants, including Intel, NXP, STMicroelectronics, and Texas Instruments, outsource part of their production to TSMC. In fact, semiconductor company LSI re-sells TSMC wafers through its ASIC design services and design IP portfolio.
TSMC pioneered the market in 7-nanometer and 5-nanometer production capabilities and was the first to commercially implement extreme ultraviolet lithography technology developed by ASML at high volumes.
TradingKey - Due to persistent global DRAM memory supply constraints, market reports indicate that TSMC (TSM) is facing packaging delays for Apple processor orders valued at approximately $1 billion. The primary cause is a shortage of supporting memory supply, which has prevented some chips from completing final packaging as originally scheduled. This news once again underscores how the supply-demand imbalance in memory chips driven by the AI wave is spreading across the entire semiconductor supply chain.
TradingKey - On August 4, Asia time, according to a report by South Korea's Electronic Times, TSMC (TSM) is opening up CoW (Chip on Wafer), the core packaging process for AI chips, on a large scale to outsourcing partners such as ASE.
TradingKey - As demand for AI chips continues to surge, CoWoS advanced packaging capacity has once again become a market focal point. According to market sources, due to the continuous increase in orders from AI chip customers such as Nvidia (NVDA) and AMD (AMD), TSMC's (TSM) existing CoWoS advanced packaging capacity is nearing full utilization. The company is further expanding its outsourcing capacity to meet future supply demand for AI accelerators.
TradingKey - On July 30 ET, according to a report by The Information, TSMC (TSM) is developing an advanced packaging technology to rival Intel's (INTC) EMIB, internally referred to as "EMIB-like." Following the news, TSMC's US ADR surged 7.64% on Thursday to close at $403.31.
TradingKey - TSMC recently announced an additional $100 billion investment, increasing its total planned investment in the U.S. from $165 billion to $265 billion. Meanwhile, the company raised its 2026 capital expenditure guidance to $60 billion–$64 billion, reflecting management's confidence in the long-term demand for AI chips.
TradingKey – SK Hynix (SKHY) has been listed on Nasdaq for over a week. On July 14, Eastern Time, its ADR price reached a premium of as high as 51% over its local underlying shares in South Korea, before quickly retreating to approximately 19%. Since then, the premium has not continued to narrow but has instead widened again; on July 21, the ADR premium stood at about 29.8%. This significant pricing divergence for the same company’s stock across two markets is the result of the combined effects of ADR trading mechanisms and arbitrage windows.
Taiwan Semiconductor Manufacturing Company Limited is a leading Taiwanese multinational firm specializing in semiconductor contract manufacturing and design services. Recognized as one of the most valuable semiconductor firms globally, it stands as the largest dedicated independent semiconductor foundry and is considered Taiwan's most significant company, with its headquarters and primary operations situated in the Hsinchu Science Park in Hsinchu, Taiwan. While the Taiwanese government remains the largest single shareholder, a substantial portion of TSMC is owned by international investors. In 2023, the company secured the 44th position on the Forbes Global 2000 list. Taiwan's exports of integrated circuits reached $184 billion in 2022, contributing nearly 25 percent to the nation's GDP. TSMC accounts for roughly 30 percent of the main index of the Taiwan Stock Exchange.
Established in 1987 by Morris Chang, TSMC became the world's first dedicated semiconductor foundry and has consistently led the industry ever since. Upon Chang’s retirement in 2018 after three decades of leadership, Mark Liu assumed the role of chairman, while C. C. Wei became the Chief Executive Officer. The company has been publicly traded on the Taiwan Stock Exchange since 1993 and was the first Taiwanese entity listed on the New York Stock Exchange in 1997. TSMC has recorded a compound annual growth rate (CAGR) of 17.4 percent in revenue and 16.1 percent in earnings since 1994.
Numerous fabless semiconductor companies, including AMD, Apple, ARM, Broadcom, Marvell, MediaTek, Qualcomm, and Nvidia, rely on TSMC for their production needs, alongside up-and-coming firms such as Allwinner Technology, HiSilicon, Spectra7, and UNISOC. Companies specializing in programmable logic devices, Xilinx and previously Altera, also utilize TSMC's foundry services. Additionally, several integrated device manufacturers with their own fabrication plants, including Intel, NXP, STMicroelectronics, and Texas Instruments, outsource part of their production to TSMC. In fact, semiconductor company LSI re-sells TSMC wafers through its ASIC design services and design IP portfolio.
TSMC pioneered the market in 7-nanometer and 5-nanometer production capabilities and was the first to commercially implement extreme ultraviolet lithography technology developed by ASML at high volumes.
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