S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
NYSE:TSM

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

$91.99
-2.81 (-2.96%)
(As of 08/11/2023 08:49 PM ET)
Compare
Today's Range
$91.97
▼
$93.50
50-Day Range
$92.00
▼
$107.43
52-Week Range
$59.43
▼
$110.69
Volume
10.66 million shs
Average Volume
11.91 million shs
Market Capitalization
$477.10 billion
P/E Ratio
15.18
Dividend Yield
1.51%
Price Target
$108.33
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

Taiwan Semiconductor Manufacturing MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
17.8% Upside
$108.33 Price Target
Short Interest
Healthy
0.28% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.19mentions of Taiwan Semiconductor Manufacturing in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
20.08%
From $4.83 to $5.80 Per Share

Overall MarketRank™

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

2.46 out of 5 stars

Computer And Technology Sector

185th out of 607 stocks

Semiconductors & Related Devices Industry

33rd out of 85 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.



TSM Price History

TSM Stock News Headlines

August 4, 2023 | marketbeat.com
Taiwanese microchip company agrees to more oversight of its Arizona plant construction
A Taiwanese microchip manufacturer building its first U.S. plant in Arizona has agreed to more scrutiny from the state when it comes to the safety of construction workers
July 22, 2023 | marketbeat.com
MarketBeat Week in Review – 7/17 - 7/21 (TSM)
Investor sentiment remains strong but upcoming tech earnings and an expected interest rate hike may provide more clarity on the short-term outlook for stocks
August 14, 2023 | Chaikin Analytics (Ad)
Wall Street Insider Makes Prediction about Hot A.I. Stock
50-year Wall Street Veteran Marc Chaikin just detailed why he's avoiding NVDA and buying this overlooked A.I. stock instead. Learn more here.
July 20, 2023 | marketbeat.com
Should You Buy the Dip as Tides Change at Taiwan Semiconductor? (TSM)
Taiwan Semiconductor stock is suffering from an industry-wide slowdown. These specifics in the company may open the path for a potential purchase soon.
July 20, 2023 | marketbeat.com
ASML Will Test New Highs, Earnings Leave No Doubt (TSM)
ASML reports its quarterly earnings, and analysts have been blown away by the latest industry dynamics. New export curbs have pushed orders to new levels
August 13, 2023 | americanbankingnews.com
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Receives $108.33 Consensus Target Price from Brokerages
August 13, 2023 | americanbankingnews.com
Brokerages Set Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Price Target at $108.33
August 13, 2023 | americanbankingnews.com
Taiwan Semiconductor Manufacturing Company Limited Expected to Post Q3 2023 Earnings of $1.13 Per Share (NYSE:TSM)
August 14, 2023 | Behind the Markets (Ad)
[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"
The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>
August 11, 2023 | msn.com
Taiwan Semiconductor’s (NYSE:TSM) July Net Revenue Contracts By ~5% Over the Prior Year
August 11, 2023 | finance.yahoo.com
Tech companies keep cutting their capex — and Wall Street loves it
August 10, 2023 | news.bitcoin.com
TSMC Advances Towards 2-Nanometer Chips in Taiwan; A Breakthrough That Could Revolutionize Bitcoin Mining
August 9, 2023 | finance.yahoo.com
UPDATE 1-Taiwan pitches deeper Europe engagement after TSMC Germany investment
August 9, 2023 | finance.yahoo.com
CHIPS Act: National security is priority for funding, analyst says
August 9, 2023 | finance.yahoo.com
Sony Raises Guidance on Strong PlayStation Sales, But Gives Gloomy Outlook for Phones
August 9, 2023 | msn.com
Taiwan Semiconductor forms joint venture for €10B German chip plant
August 8, 2023 | finance.yahoo.com
Germany is copying Biden’s CHIPS act with massive factory subsidies—and it’s paying off
August 8, 2023 | finance.yahoo.com
Why tech companies are focusing on capital expenditures cutbacks
August 8, 2023 | finance.yahoo.com
TSMC, Bosch, Infineon and NXP Enter Joint Venture to Build $11 Billion Plant in Germany
August 8, 2023 | finance.yahoo.com
Germany Expects TSMC to Approve Dresden Chip Plant Tuesday
August 7, 2023 | finance.yahoo.com
TSMC to decide in favour of German factory on Tuesday - Handelsblatt
August 6, 2023 | finance.yahoo.com
My Top AI Stock to Buy Right Now
August 4, 2023 | nytimes.com
TSMC Chairman Mark Liu Says Company Will Keep Its Roots in Taiwan
August 4, 2023 | finance.yahoo.com
AI Stock Rally in Taiwan Fizzles as Rich Valuations Fuel Concern
August 3, 2023 | finance.yahoo.com
Qualcomm Sees No Imminent Recovery. Shares Tumble.
August 3, 2023 | finance.yahoo.com
Chip Czar Sees Japan Funding One-Third of Second TSMC Plant
August 3, 2023 | finance.yahoo.com
1 Cheap AI Stock to Buy Hand Over Fist Before It Doubles
See More Headlines
Receive TSM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Taiwan Semiconductor Manufacturing and its competitors with MarketBeat's FREE daily newsletter.

TSM Company Calendar

Ex-Dividend for 7/13 Dividend
6/15/2023
Dividend Payable
7/13/2023
Last Earnings
7/20/2023
Today
8/13/2023
Next Earnings (Estimated)
10/12/2023
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
$108.33
High Stock Price Forecast
$135.00
Low Stock Price Forecast
$75.00
Forecasted Upside/Downside
+17.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$6.06
Trailing P/E Ratio
15.18
Forward P/E Ratio
19.05
P/E Growth
3.19
Net Income
$32.31 billion
Net Margins
43.31%
Pretax Margin
49.54%
Return on Equity
32.82%
Return on Assets
19.63%

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
6.29
Cash Flow
$9.31 per share
Price / Cash Flow
9.88
Book Value
$18.31 per share
Price / Book
5.02

Miscellaneous

Outstanding Shares
5,186,410,000
Free Float
5,128,845,000
Market Cap
$477.10 billion
Optionable
Optionable
Beta
1.06

Social Links

20 Stocks to Sell Now Cover
20 Stocks to Sell Now

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

Key Executives

  • Dr. C. C. WeiDr. C. C. Wei
    Vice Chairman & CEO
  • Mr. Jen-Chau Huang
    VP & CFO
  • Mr. Y. P. Chin
    Sr. VP of Operations & Overseas Operations Office
  • Dr. Horng-Dar Lin
    VP of Corp. Information Technology & Chief Information Officer
  • Jeff Su
    Director of Investor Relations
  • Ms. Sylvia Fang
    VP of Legal, Gen. Counsel, Corp. Governance Officer & Sec.
  • Ms. Elizabeth Sun
    Sr. Director of Corp. Communication Division
  • Ms. Li Mei He Ho
    Sr. VP of HR
  • Dr. Wei-Jen Lo
    Sr. VP of R&D
  • Mr. Richard B. Cassidy IIMr. Richard B. Cassidy II
    Sr. VP of Corp. Strategy Office and Overseas Office & Chairman of TSMC Arizona

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?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Taiwan Semiconductor Manufacturing in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street research 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?

5 Wall Street research analysts have issued 12-month price objectives for Taiwan Semiconductor Manufacturing's shares. Their TSM share price forecasts range from $75.00 to $135.00. On average, they expect the company's stock price to reach $108.33 in the next year. This suggests a possible upside of 17.8% 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 2023?

Taiwan Semiconductor Manufacturing's stock was trading at $74.49 at the beginning of 2023. Since then, TSM stock has increased by 23.5% and is now trading at $91.99.
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, October 12th 2023.
View our TSM earnings forecast.

How were Taiwan Semiconductor Manufacturing's earnings last quarter?

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) issued its quarterly earnings data on Thursday, July, 20th. The semiconductor company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.07. The semiconductor company had revenue of $15.68 billion for the quarter, compared to analysts' expectations of $15.52 billion. Taiwan Semiconductor Manufacturing had a net margin of 43.31% and a trailing twelve-month return on equity of 32.82%.

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 Wednesday, August 9th. Investors of record on Friday, December 15th will be given a dividend of $0.4724 per share on Thursday, January 11th. This represents a $1.89 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date of this dividend is Thursday, December 14th.
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), Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM), Alpha Architect Freedom 100 Emerging Market ETF (FRDM), Engine No. 1 Transform Supply Chain ETF (SUPP), SPDR S&P Emerging Asia Pacific ETF (GMF), Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH) and AXS Green Alpha ETF (NXTE).

Is Taiwan Semiconductor Manufacturing a good dividend stock?

Taiwan Semiconductor Manufacturing (NYSE:TSM) pays an annual dividend of $1.39 per share and currently has a dividend yield of 1.51%. The dividend payout ratio is 22.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSM will have a dividend payout ratio of 23.97% 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 third quarter 2023 earnings guidance on Thursday, July, 20th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $16.70 billion-$17.50 billion, compared to the consensus revenue estimate of $17.68 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 institutional and retail investors. Top institutional shareholders include Capital World Investors (0.67%), Fisher Asset Management LLC (0.57%), Bank of New York Mellon Corp (0.51%), Capital International Investors (0.34%), Fiera Capital Corp (0.29%) and William Blair Investment Management LLC (0.22%).
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 $91.99.

How much money does Taiwan Semiconductor Manufacturing make?

Taiwan Semiconductor Manufacturing (NYSE:TSM) has a market capitalization of $477.10 billion and generates $75.88 billion in revenue each year. The semiconductor company earns $32.31 billion in net income (profit) each year or $6.06 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 8/14/2023 by MarketBeat.com Staff

My Account -