Taiwan Semiconductor Manufacturing Co Ltd's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 50 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 402.44.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.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.
The current financial score of Taiwan Semiconductor Manufacturing Co Ltd is 7.42, ranking 52 out of 104 in the Semiconductors & Semiconductor Equipment industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 33.71B, representing a year-over-year increase of 25.52%, while its net profit experienced a year-over-year increase of 40.66%.
The current valuation score of Taiwan Semiconductor Manufacturing Co Ltd is 4.89, ranking 97 out of 104 in the Semiconductors & Semiconductor Equipment industry. Its current P/E ratio is 154.00, which is 0.00% below the recent high of 154.00 and 92.70% above the recent low of 11.24.

The current earnings forecast score of Taiwan Semiconductor Manufacturing Co Ltd is 8.74, ranking 3 out of 104 in the Semiconductors & Semiconductor Equipment industry. The average price target is 354.00, with a high of 413.48 and a low of 205.00.


Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Taiwan Semiconductor Manufacturing Co Ltd is 9.04, ranking 57 out of 104 in the Semiconductors & Semiconductor Equipment industry. Currently, the stock price is trading between the resistance level at 355.07 and the support level at 295.94, making it suitable for range-bound swing trading.

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The current institutional shareholding score of Taiwan Semiconductor Manufacturing Co Ltd is 3.00, ranking 74 out of 104 in the Semiconductors & Semiconductor Equipment industry. The latest institutional shareholding proportion is 16.23%, representing a quarter-over-quarter decrease of 0.15%. The largest institutional shareholder is Ken Fisher, holding a total of 17.83M shares, representing 0.34% of shares outstanding, with 0.98% decrease in holdings.

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Semiconductors & Semiconductor Equipment domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Taiwan Semiconductor Manufacturing Co Ltd is 7.72, ranking 5 out of 104 in the Semiconductors & Semiconductor Equipment industry. The company's beta value is 1.30. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.