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Stock market today: World shares mostly higher after S&P 500 tops 5,000
Biden's campaign joins TikTok, even as administration warns of national security concerns with app
S&P 500   5,026.61
DOW   38,671.69
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The perfect AI stock under $10 (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
Biden's campaign joins TikTok, even as administration warns of national security concerns with app
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DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
The perfect AI stock under $10 (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
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BREAKING: The truth about war with China (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Recession risks are fading, business economists say, but political tensions pose threat to economy
The perfect AI stock under $10 (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
Biden's campaign joins TikTok, even as administration warns of national security concerns with app

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

$133.11
-0.62 (-0.46%)
(As of 02/9/2024 08:57 PM ET)
Today's Range
$130.59
$135.17
50-Day Range
$96.70
$133.70
52-Week Range
$81.21
$135.17
Volume
16.98 million shs
Average Volume
15.04 million shs
Market Capitalization
$690.36 billion
P/E Ratio
25.70
Dividend Yield
1.15%
Price Target
$120.75

Taiwan Semiconductor Manufacturing MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
9.3% Downside
$120.75 Price Target
Short Interest
Healthy
0.31% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.60mentions of Taiwan Semiconductor Manufacturing in the last 14 days
Based on 35 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
21.81%
From $6.19 to $7.54 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.

2.78 out of 5 stars

Computer And Technology Sector

303rd out of 585 stocks

Semiconductors & Related Devices Industry

42nd out of 87 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

AMD, Broadcom, Marvell, Nvidia: Big gainers from new AI spending (TSM)
Chipmakers including AMD, Broadcom, Marvell and Nvidia are set to benefit from a surge in data center AI investment by tech titans such as Google and Microsoft
3 semiconductor stocks to rally on latest U.S. grants (TSM)
You should read this if you haven't figured out the best way to align your portfolio to the intensifying chips race, now with new U.S. grants coming soon
Dividend Expert Reveals His Biggest Income Secrets… Free of Charge
Marc Lichtenfeld –Author of the best-selling book Get Rich With Dividends – is giving away his Ultimate Dividend Package… Free of charge!
Skyworks Semiconductors: Earnings are at a massive discount (TSM)
Understanding how the semiconductor industry is on a comeback after COVID-19 supply chain issues is key to pointing your portfolio to the winning names
2 undisputed chip leaders that each owns a 90% market share (TSM)
These two chip stocks have 90% or more market share in their respective markets, and these companies are still hungry for growth
AI growth propels semiconductor stocks to new highs (TSM)
AI-driven demand catapults semiconductor stocks, propelled by Taiwan Semiconductor's stellar earnings, robust AI-related revenue, and upbeat forecast
Taiwan back into gear, can ASML follow suit this quarter? (TSM)
ASML could be the next stock in line to rally after the semiconductor industry shows signs of recovery in its price action as well as its fundamentals
A 50% upside for AMD? Here’s how (TSM)
Advanced Micro Devices' stock price outlook is supported by robust demand for AI and the launch of its MI-300 chipsets; new highs are expected soon.
How to profit from the new boom in gold
Gold just passed $2,000/oz and is set for a new bull run in 2024. Now a renowned precious metals expert is sharing his No. 1 way to play it for just $5. 
13 Most Advanced Countries in Computer Technology
TSMC: Tread Carefully Along The Semiconductor Tide
See More Headlines
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Company Calendar

Ex-Dividend for 1/11 Dividend
12/14/2023
Dividend Payable
1/11/2024
Last Earnings
1/18/2024
Today
2/12/2024
Ex-Dividend for 4/11 Dividend
3/18/2024
Dividend Payable
4/11/2024
Next Earnings (Estimated)
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
$120.75
High Stock Price Target
$133.00
Low Stock Price Target
$95.00
Potential Upside/Downside
-9.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$26.88 billion
Pretax Margin
45.30%

Debt

Sales & Book Value

Annual Sales
$2.16 trillion
Cash Flow
$8.47 per share
Book Value
$21.84 per share

Miscellaneous

Outstanding Shares
5,186,414,000
Free Float
5,128,845,000
Market Cap
$690.36 billion
Optionable
Optionable
Beta
1.13

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Key Executives















TSM Stock Analysis - 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 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street 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?

5 Wall Street analysts have issued 12 month price objectives for Taiwan Semiconductor Manufacturing's stock. Their TSM share price targets range from $95.00 to $133.00. On average, they expect the company's share price to reach $120.75 in the next year. This suggests that the stock has a possible downside of 9.3%.
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 shares have increased by 28.0% and is now trading at $133.11.
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 were Taiwan Semiconductor Manufacturing's earnings last quarter?

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) released its quarterly earnings results on Thursday, January, 18th. The semiconductor company reported $1.44 EPS for the quarter, topping the consensus estimate of $1.37 by $0.07. The semiconductor company earned $19.62 billion during the quarter, compared to analysts' expectations of $18.99 billion. Taiwan Semiconductor Manufacturing had a net margin of 38.80% and a trailing twelve-month return on equity of 25.24%.

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 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 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date 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 $1.71 per share and currently has a dividend yield of 1.15%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSM will have a dividend payout ratio of 22.68% 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 Thursday, January, 18th. The company provided EPS guidance of for the period. The company issued revenue guidance of $18.0 billion-$18.8 billion, compared to the consensus revenue estimate of $18.3 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 Fisher Asset Management LLC (0.60%), Massachusetts Financial Services Co. MA (0.55%), Fiera Capital Corp (0.26%), Van ECK Associates Corp (0.22%), First Eagle Investment Management LLC (0.17%) and Vontobel Holding Ltd. (0.12%).
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 2/12/2024 by MarketBeat.com Staff

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