Taiwan Semiconductor Manufacturing (TSM) Aktienübersicht
Die Taiwan Semiconductor Manufacturing Company Limited und ihre Tochtergesellschaften produzieren, verpacken, testen und verkaufen integrierte Schaltkreise und andere Halbleiterbauelemente in Taiwan, China, Europa, dem Nahen Osten, Afrika, Japan, den Vereinigten Staaten und international. Mehr Details
| Schneeflocken-Punktzahl | |
|---|---|
| Bewertung | 3/6 |
| Künftiges Wachstum | 5/6 |
| Vergangene Leistung | 5/6 |
| Finanzielle Gesundheit | 6/6 |
| Dividenden | 3/6 |
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Taiwan Semiconductor Manufacturing Company Limited Wettbewerber
Preisentwicklung & Leistung
| Historische Aktienkurse | |
|---|---|
| Aktueller Aktienkurs | NT$407.15 |
| 52-Wochen-Hoch | NT$421.97 |
| 52-Wochen-Tief | NT$190.03 |
| Beta | 1.26 |
| 1 Monat Veränderung | 10.61% |
| 3 Monate Veränderung | 9.88% |
| 1 Jahr Veränderung | 107.53% |
| 3 Jahre Veränderung | 303.32% |
| 5 Jahre Veränderung | 251.69% |
| Veränderung seit IPO | 7,311.18% |
Aktuelle Nachrichten und Updates
Seeking Alpha • 20h
The TSMC Paradox: Huge AI Silicon Supply Vs. Finite Infrastructure
Summary Taiwan Semiconductor is rated a tactical buy with a $468 price target, reflecting an 18% upside from current levels before shifting to Hold/Avoid. TSM's near-term upside is driven by depreciation arbitrage, delayed High-NA EUV adoption, and Silicon Photonics, but capped by U.S. data center buildout delays and overseas margin dilution. Gross margin is expected to plateau at 66–67% due to overseas expansion, private energy costs, and multi-patterning throughput limits, challenging consensus forecasts of further margin expansion. Bulls should consider rotating out as TSM approaches $470–$490, anticipating a potential inventory correction and EPS revision in late FY2027. Read the full article on Seeking Alpha
Neues Narrativ • Apr 06
The Most Wonderful Monopoly in the Most Dangerous Neighbourhood on Earth
Every AI Chip on the Planet Passes Through One Company's Front Door. That Should Terrify You and Excite You in Equal Measure.
Neues Narrativ • Feb 18
TSMC will drive future growth with CoWoS packaging and N2 rollout
Catalysts Are there any products or services that could move sales or earnings meaningfully? The meat moving the needle right now is CoWoS packaging.
Neues Narrativ • Feb 17
The "Geopolitical Discount" vs. The Monopolistic Floor: The Two Narratives of TSM
TSM is a tug-of-war between Monopoly Cash Flows and the Geopolitical Risk Premium. While the market fixates on "transistor density" and fab locations, a 5-year DCF analysis reveals a more grounded reality: TSM is currently the only global entity capable of generating massive Unlevered Free Cash Flow (UFCF) while simultaneously acting as the world’s most critical industrial bottleneck.Recent updates
Seeking Alpha • 20h
The TSMC Paradox: Huge AI Silicon Supply Vs. Finite Infrastructure
Summary Taiwan Semiconductor is rated a tactical buy with a $468 price target, reflecting an 18% upside from current levels before shifting to Hold/Avoid. TSM's near-term upside is driven by depreciation arbitrage, delayed High-NA EUV adoption, and Silicon Photonics, but capped by U.S. data center buildout delays and overseas margin dilution. Gross margin is expected to plateau at 66–67% due to overseas expansion, private energy costs, and multi-patterning throughput limits, challenging consensus forecasts of further margin expansion. Bulls should consider rotating out as TSM approaches $470–$490, anticipating a potential inventory correction and EPS revision in late FY2027. Read the full article on Seeking AlphaNeues Narrativ • Apr 06
The Most Wonderful Monopoly in the Most Dangerous Neighbourhood on Earth
Every AI Chip on the Planet Passes Through One Company's Front Door. That Should Terrify You and Excite You in Equal Measure.Neues Narrativ • Feb 18
TSMC will drive future growth with CoWoS packaging and N2 rollout
Catalysts Are there any products or services that could move sales or earnings meaningfully? The meat moving the needle right now is CoWoS packaging.Neues Narrativ • Feb 17
The "Geopolitical Discount" vs. The Monopolistic Floor: The Two Narratives of TSM
TSM is a tug-of-war between Monopoly Cash Flows and the Geopolitical Risk Premium. While the market fixates on "transistor density" and fab locations, a 5-year DCF analysis reveals a more grounded reality: TSM is currently the only global entity capable of generating massive Unlevered Free Cash Flow (UFCF) while simultaneously acting as the world’s most critical industrial bottleneck.
Narrativ-Update • Jan 15
TSMC Will Shape the Future of AI with Unmatched Scale and Innovation
Based on TSMC’s record-breaking Q4 2025 results and its bullish 2026 guidance released on January 15, 2026, the following investment thesis and valuation provide a look at why the foundry giant is currently the "linchpin" of the global AI economy. 1.Narrativ-Update • Oct 17
The silent giant behind virtually every advanced chip powering AI, smartphones, and modern infrastructure.
1. Recent Financial Results & Guidance Q3 2025 (latest quarter) highlights - TSMC delivered a very strong quarter, driven by continued AI / HPC demand: - Net profit: NT$ 452.3 billion (~US$14.8 billion), ~39 % year-over-year growth.Seeking Alpha • Apr 25
TSMC: Irrational Selloff Is A Gift (Technical Analysis)
Summary TSMC's stock is undervalued despite strong Q1 earnings and impressive Q2 guidance, with revenue and margins expected to significantly improve YoY. Technical analysis suggests an imminent breakout, with bullish indicators showing declining bearish momentum and potential for an upside move. Valuation multiples have contracted irrationally, presenting a major buying opportunity for a fundamentally strong company with robust growth prospects. Risks include potential fines and increased scrutiny over China connections, but high global demand for AI chips supports a strong outlook. Read the full article on Seeking AlphaSeeking Alpha • Apr 18
TSMC Is A Complete Steal
Summary Taiwan Semiconductor Manufacturing reported Q1'25 earnings that exceeded expectations, driven by strong demand for AI-optimized chips. TSMC dominates the global foundry market with a 67% revenue share, significantly ahead of its nearest competitor, Samsung, which holds only 8%. The chip company benefited from 35% top-line growth and 60% earnings growth Y/Y as demand for chips is surging. TSMC's valuation at a 14.3X P/E ratio is highly attractive, especially given its commanding market position and robust growth prospects in AI chip demand. Despite potential risks from new tariffs/export restrictions, TSMC's strong financial performance and market dominance make it a compelling long-term investment opportunity. Read the full article on Seeking AlphaSeeking Alpha • Apr 12
TSMC Earnings Preview, AI Strength Faces Tariff Headwinds
Summary TSMC's Q1 2025 earnings report shows revenue slightly ahead of estimates at $25.6 billion, driven by AI servers and smartphone chips. Volatility from tariffs and strong AI growth projections make a short-term strangle on TSM attractive, despite potential tariff impacts on global trade. TSM's CapEx guidance between $38 billion and $42 billion for 2025 will be crucial in assessing future demand and growth expectations. The options market implies potential for a significant move for TSM around earnings but I expect this will be an event with exceptional potential up or down. Read the full article on Seeking AlphaSeeking Alpha • Mar 31
Taiwan Semiconductor: Be Greedy When Others Are Fearful
Summary Since my last writing, two new catalysts have further skewed TSM stock’s return/risk curve and promoted me to upgrade its rating to strong buy. First, the latest world semiconductor trade statistics showed a significant 18% YOY jump in semiconductor sales. Second, TSM announced a $100B U.S. expansion plan to meet rising demand. These developments when combined with the stock price pullback, have made the value-price gap too wide for TSM. Read the full article on Seeking AlphaSeeking Alpha • Mar 25
TSMC: 2nm Is On Track For Mass Production
Summary Upgrading TSMC to 'Strong Buy' with a fair value of USD$246 per share due to its leading 2nm technology and market recovery potential. TSMC's 2nm production yields reached 60%, with Apple likely to be the first customer, maintaining a first-move advantage over Intel. TSMC's AI business is expected to grow by 100% year-over-year, contributing significantly to its revenue growth in FY25. Geopolitical risks remain a concern, but TSMC's US investments aim to mitigate some of these risks while maintaining its leadership in the foundry market. Read the full article on Seeking AlphaSeeking Alpha • Mar 16
Taiwan Semiconductor: Set To Capture Majority Of AI Profits
Summary TSMC is poised to capture a significant share of AI industry profits due to its unmatched chip manufacturing capabilities and technological leadership. Decades of specialized knowledge, massive capital investments, and institutional expertise create barriers competitors struggle to overcome. Rising AI usage and simplified chip design processes will further boost demand for TSMC's advanced manufacturing services. China poses an increasing threat to TSMC's Taiwan operations, especially amid growing U.S. unpredictability and instability. Read the full article on Seeking AlphaSeeking Alpha • Mar 09
TSMC Holds All The Cards And Why That Spells Opportunity
Summary TSMC dominates the semiconductor industry, supplying 90% of the world’s most advanced chips, and is strategically expanding its global footprint. The company’s $100 billion U.S. investment strengthens supply chain resilience and unlocks substantial government subsidies, boosting long-term ROI. Rising AI demand, aggressive Capex investments, and global diversification fuel TSMC’s long-term growth trajectory. Valuation metrics indicate TSMC is trading in the buy zone, presenting a compelling opportunity to consider. Read the full article on Seeking AlphaSeeking Alpha • Feb 28
TSMC: The Backbone Of The AI Industry Continues To Be Undervalued
Summary TSMC's market position and growth prospects remain unparalleled, with significant upside potential due to a lack of real competition. TSMC's Arizona fab is well-received, potentially mitigating geopolitical risks but may reduce margins due to higher labor costs. TSMC is undervalued at a 26x multiple, with a fair value estimate of 30x, suggesting a 93% upside by FY26. Read the full article on Seeking AlphaSeeking Alpha • Feb 19
Taiwan Semiconductor: Another Buying Opportunity Materializes (Technical Analysis) (Rating Upgrade)
Summary Taiwan Semiconductor's recent earnings report shows strong profitability, driven by high-end AI chip sales, justifying a "strong buy" rating with potential for further gains in 2025. TSM's forward P/E ratio of 22.62x is significantly lower than competitors like Nvidia and Intel, indicating undervaluation and potential for price appreciation. Despite elevated forward price-sales ratio, technical indicators suggest recent downturns are overdone, presenting a buying opportunity as the stock nears the -2 Standard Deviation channels. Guidance for FY 2025 and 2026 implies robust growth, with potential revenue of $25-25.8 billion in Q1, reinforcing the bullish outlook and investment thesis. Read the full article on Seeking AlphaSeeking Alpha • Feb 11
TSMC: AI Foundry Leader For GPUs And ASICs
Summary TSMC management has indicated enormous AI opportunity for its foundry business, particularly for GPUs and ASICs. TSMC has a customer group of high caliber technology leaders that is driving its foundry demand. With continuous development in foundry and advanced packaging solutions, we believe TSMC remains the top global foundry and a tremendous stock to buy. Read the full article on Seeking AlphaSeeking Alpha • Jan 31
Taiwan Semiconductor Manufacturing: AI Growth Play At A Reasonable Valuation
Summary TSMC's dominance in advanced semiconductor manufacturing, especially in AI accelerators, positions it as a critical player with robust growth prospects and pricing power. The company's strategic partnerships, particularly with Apple and NVIDIA, drive its technological advancements and revenue growth, especially in AI and HPC segments. Despite risks like geopolitical tensions and high capital expenses, TSMC's long-term vision and market leadership make it a compelling investment. Valuation metrics suggest TSMC offers growth at a reasonable price, with the potential for significant EPS growth and an upside in the stock price. Read the full article on Seeking AlphaSeeking Alpha • Jan 24
Why Taiwan Semiconductor Is A Buy: Capitalizing On AI And HPC Trends
Summary TSMC's AI and HPC-driven growth has led to the stock solidly beating the market over the last year. After more than tripling in 2024, management forecast revenue from AI accelerators to double in 2025 as the strong surge in AI-related demand continues. Geopolitical risks represent the most significant challenges to TSMC's business. Due to these risks, I am lowering my rating from Strong Buy to Buy. Read the full article on Seeking AlphaSeeking Alpha • Jan 16
TSMC's Q4 2024 Earnings Outperformance: 3 Reasons To Buy Here
Summary Taiwan Semiconductor Manufacturing Company Limited's Q4 earnings outperformance and robust 2025 outlook has effectively renewed confidence in the ongoing AI rally. Despite its concentrated revenue exposure to Apple's slowing growth outlook and Nvidia's recent Blackwell challenges, TSMC has exhibited unique competitive advantages in preserving fundamental appreciation. TSMC also faces a significant impending de-risking tailwind, as overseas capacity at Arizona and Kumamoto starts to ramp. The combination of a better-than-expected growth outlook and multiple expansion driven by risk premium reduction is expected to underpin another upward valuation re-rate for TSM stock. Read the full article on Seeking AlphaSeeking Alpha • Jan 09
TSMC To Deliver A Robust Quarter
Summary TSMC's dominant position in advanced semiconductor manufacturing and AI-driven demand create a compelling investment opportunity, justifying a Strong Buy rating. The company's technological leadership in advanced nodes (3nm, 5nm, 7nm) and strategic expansions ensure sustained growth and margin expansion. Big Tech's significant AI infrastructure investments, including Microsoft's $80 billion and Amazon's $22.6 billion, drive unprecedented semiconductor demand. Geopolitical risks and market cyclicality present challenges, but TSMC's strategic initiatives and diversified revenue streams mitigate these risks effectively. Read the full article on Seeking AlphaSeeking Alpha • Dec 31
TSMC: Why I Took Profits (Rating Downgrade)
Summary Recently I sold my long-standing position in Taiwan Semiconductor Manufacturing, after notifying my readers on Seeking Alpha and X. I sold mainly because I was sitting on a substantial gain while not seeing a lot of growth potential in the year ahead. Semiconductors are very cyclical and we are already nearly two years into the AI-driven cyclical up-trend. Sector-wide growth deceleration is virtually guaranteed in my opinion. I don't think that TSM is actively overvalued, but merely fairly valued. This makes TSM shares less interesting to me than other opportunities I have my eye on. For this reason I'm downgrading my TSM rating to hold. Read the full article on Seeking AlphaSeeking Alpha • Dec 23
TSMC: Market Outperformance Expected, Driven By N2 Advancements And Strong ASIC Demand
Summary TSMC is poised for 25%+ revenue growth in 2025, driven by robust AI demand, N2 chip debut, and overseas fab production ramp. The debut of N2 nodes in H2 2025, featuring GAA advanced nanosheet transistors, will significantly enhance performance and power efficiency. TSMC's market share and pricing power will increase with a 10-20% price hike for N2 & N3 wafers, offsetting overseas fab ramp costs. Despite potential smartphone and PC market weakness, strong demand from AI accelerators and ASICs will support TSMC's revenue and margin growth. Read the full article on Seeking AlphaSeeking Alpha • Dec 02
TSMC: A Chinese Invasion Of Taiwan Would Devastate Global Markets And Itself
Summary A Chinese invasion of Taiwan would likely trigger a global economic depression, devastating TSMC and tech supply chains, causing massive equity sell-offs and GDP drops worse than COVID-19 and the 2008 crisis. China could face severe economic fallout: sanctions, loss of foreign capital and technology, GDP reduction up to 35%, RMB depreciation, capital flight, and diplomatic isolation from key economies. Given these geopolitical risks affecting TSMC, investing is unwise; a prudent portfolio should focus on low-risk bonds and gold, minimizing equity exposure until tensions ease. Read the full article on Seeking AlphaSeeking Alpha • Nov 22
Taiwan Semiconductor: A Golden Buying Opportunity
Summary TSM is 18% undervalued, driven by its unique strategic positioning, cutting-edge technologies, and strong financials. TSM's focus on high-margin advanced technologies and diversified revenue mix ensures stellar profitability and robust growth, especially with AI tailwinds. TSM's strategic partnerships with leading chip design companies and commitment to evolving technologies position it for future profitability expansion. Read the full article on Seeking AlphaSeeking Alpha • Nov 11
Taiwan Semiconductor: Greater Certainty In Stormy AI Race
Summary TSM has delivered good results in the recent quarter and is showing strong tailwinds in key metrics. TSM’s Arizona plant yield has surpassed that of comparable facilities in Taiwan, which can lead to greater support from the U.S. government. Intel is being bogged down by company-specific issues and has postponed or canceled several semiconductor plants. TSM can continue to deliver good revenue growth and margins as the demand for AI chips continues to increase and the company has become the main supplier. The forward P/E ratio for the fiscal year ending 2026 is 20, which shows that the stock is still quite attractive despite the massive bull run in the past few quarters. Read the full article on Seeking AlphaSeeking Alpha • Oct 26
Taiwan Semiconductor: Don't Discount The Competition
Summary Taiwan Semiconductor boasts strong financials with $23.5 billion in 3Q 2024 revenue and high margins, but future margin improvements are uncertain. TSM's market cap is around $860 billion, with a modest FCF yield and significant capex requirements. Growing competition from Intel and Samsung, along with slowing innovation, could pressure TSM's future returns and market position. Despite its critical role in global manufacturing, TSM appears overvalued, with concentrated customers and potential growth limitations. Read the full article on Seeking AlphaSeeking Alpha • Oct 18
Taiwan Semiconductor Q3 Earnings: 'Demand Right Now Is Insane'
Summary Taiwan Semiconductor reported strong Q3 FY24 results, driven by "insane" AI demand, with sales growing 36% y/y, beating expectations. Management expects continued robust AI and smartphone demand, projecting Q4 revenues between $26.1 billion and $26.9 billion, a 35% y/y increase. Taiwan Semi's strong margin profile, with gross margins at 57.8% and operating margins at 47.5%, supports an earnings growth estimate of ~26% for 2025. I recommend a Buy rating on Taiwan Semi due to its strong demand environment, promising capex investments, and potential for further earnings growth. Read the full article on Seeking AlphaSeeking Alpha • Oct 12
Taiwan Semiconductor: One Of The Best (And Cheapest) AI Plays
Summary TSM is the cheapest generative AI play as one of the trifecta of AI godfathers along with NVDA and ASML, attributed to the FWD PEG non-GAAP ratio of 1.06x. With the foundry already reporting robust preliminary FQ3'24 sales results, we believe that it is well positioned to report a double beat and raise performance in October 17, 2024. With SSNLF already losing market share and INTC unable to produce viable 18A chips, it goes without saying that TSM is likely to remain the clear market leader moving forward. Combined with the extremely rich balance sheet and geographically diversified production capability from 2025 onwards, it may undoubtedly remain a core holding in most discerning investors' portfolio. Read the full article on Seeking AlphaSeeking Alpha • Oct 06
TSMC: Still A Long-Term Buy Given Its Technological Leadership And AI Growth Story
Summary TSMC's leadership in advanced node processors (N2/A16) and advanced packaging technologies (CoWoS) positions it as a near-monopoly in leading-edge process technology. The global semiconductor market is expanding rapidly, creating a substantial addressable market for TSMC as fabless chip designers outsource manufacturing. TSMC's robust AI-related growth, driven by data centers and AI accelerators, supports high revenue growth and premium valuation multiples. Despite geopolitical risks and Intel's foundry ambitions, TSMC's global footprint and leadership in advanced nodes ensure long-term growth prospects. Read the full article on Seeking AlphaSeeking Alpha • Sep 25
TSMC: 2nm Wafers Can Outperform The Already Strong Ramp In 3nm Wafers
Summary The 2nm wafer technology ramp-up can potentially accelerate revenues and gross margins even more than what was seen in the 3nm ramp-up. TSMC is capacity-constrained. Capex investments to alleviate these constraints are positive for long-term growth that is likely to maintain and extend technological and market share leadership. Valuations are at a deserved premium vs. historical levels and peers. TSMC has better revenue and earnings growth prospects than before and is increasing its edge as a market leader. Relative technicals vs. the S&P500 are bullish as a sharp reaction off weekly support followed by a basing pattern is a recipe for further upside and outperformance. Despite the bullish drivers, let's not forget that the semiconductor market is still cyclical. Currently, TSMC's growth is at the upper end of longer-term cyclical growth averages. But the bottom-up drivers are constructive. Read the full article on Seeking AlphaSeeking Alpha • Sep 12
Taiwan Semiconductor: Valuation Dips Go Great With Chips
Summary The rapid scaling of AI infrastructure by major tech companies has led to challenges in estimating AI investment costs and returns for enterprises, but this is temporary, in my view. Despite TSMC's crucial role in AI development, Nvidia is attracting more investor attention due to political uncertainties surrounding Taiwan. TSMC's revenue and earnings growth are strong, with stable margins, making it a sound investment for those who see the potential for AI growth. TSMC's management is confident in achieving higher gross margins, especially with high utilization rates, indicating robust future performance. Read the full article on Seeking AlphaSeeking Alpha • Sep 05
Taiwan Semiconductor: Chip Giant Is Still A Buy Despite Short-Term Risks
Summary The semiconductor sector's volatility presents a prime opportunity to invest in TSMC, a crucial player in AI chip manufacturing, with strong future growth potential. TSMC's global expansion and diversification efforts, including new fabs in Arizona, Japan, and Germany, position it to mitigate risks and capitalize on AI demand. Despite anticipated AI demand fluctuations, TSMC's strategic price hikes and diversified offerings ensure long-term revenue stability and growth, supported by the CHIPS Act. Short-term risks include market volatility, potential AI slump, geopolitical tensions, and recession fears, but TSMC's promising roadmap and undervaluation make it a strong buy. Read the full article on Seeking AlphaSeeking Alpha • Aug 29
Taiwan Semiconductor: Still Buy On AI
Summary We continue to expect more upside for Taiwan Semiconductor before the AI tailwind gives out. We think TSMC is uniquely positioned in the foundry market in terms of share and technological advantage to benefit from high demand for AI and potential end demand rebound in 2025. Trump's comments and the geopolitical concerns about the chip wars between the U.S. and China undermine the potential upside for TSMC. We expect TSMC to comfortably outperform expectations and the S&P 500 in 2025. Read the full article on Seeking AlphaSeeking Alpha • Aug 07
TSMC: A Huge Opportunity To Buy The Crown Jewel Of Semiconductors
Summary TSMC is an undervalued giant with a deep moat. As a market leader with 62% share, it has the most advanced technological process leadership. Its constant innovation and process leadership is a virtuous circle with all its fabless design partners. TSMC is vital for Nvidia's GPU production and the AI revolution. There are uncertainties due to geopolitical concerns, but it is a risk worth taking. Read the full article on Seeking AlphaSeeking Alpha • Jul 31
TSMC: Focus On Fundamentals, Ignore The Noise
Summary TSMC stock has generated a 73.5% return since January 2023, outperforming the S&P500. TSMC's strong competitive advantage lies in its leadership in advanced process technologies, driving future above-average returns. The company's diversification of supply chain and focus on advanced technologies position it well for future growth and profitability. Read the full article on Seeking AlphaSeeking Alpha • Jul 25
TSMC: Buy Status Vs. Rising Geopolitical Risks
Summary TSMC reported strong Q2 2024 results with revenue exceeding our expectations, driven by demand for advanced chips. Revenue structure showed growth in HPC segment and decline in Smartphone segment. TSMC is struggling to keep up with the influx of demand for its products, and the company's production capacity will be fully utilized until the end of 2025. We have revised upwards our EBITDA guidance from $55.1 bn (+18% YoY) to $60.4 bn(+30% YoY) for 2024 and from $61.7 bn (+12% YoY) to $73.8 bn (+22% YoY) for2025. Read the full article on Seeking AlphaSeeking Alpha • Jul 18
3 Key Takeaways From TSMC's Q2 2024 Beat And Raise
Summary Taiwan Semiconductor Manufacturing Company Limited's Q2 beat and raise continues to solidify its path towards a $1 trillion market cap. The robust results and upbeat outlook corroborates sustained demand for HPC hardware given ongoing AI momentum, complemented by a stronger-than-expected cyclical recovery in consumer devices. This continues to highlight competitive value in Taiwan Semiconductor's technology advantage, given its sole capability in producing at the most advanced nodes and packaging processes critical to high-growth innovations like AI. Read the full article on Seeking AlphaSeeking Alpha • Jul 11
TSMC: Taiwan Discount
Summary Taiwan Semiconductor Manufacturing Company Limited reports strong revenue growth for June, up 33% YoY, with booming demand for AI chips. The company is likely to easily top Q2 '24 EPS targets of $1.41 after a big revenue beat. Despite a massive rally, the stock still trades discounted at 21x boosted '25 EPS targets due to fears of a China invasion of Taiwan. Read the full article on Seeking AlphaSeeking Alpha • Jul 01
TSMC: Strategic Alliances Lift Stock To New All-Time Highs
Summary TSMC is poised to capture a significant share of AI-driven value accumulation within the semiconductor industry, a trend that should extend for a few years. As the world's leading foundry service provider, TSMC is benefiting from a multi-year shift towards increased semiconductor content in mobile devices and cloud centers. TSMC's AI revenues are expected to increase from less than $5 billion in 2021 to over $30 billion by 2027. Overall, I expect TSMC's revenue growth over the next three years to exceed a 20% CAGR, with a slightly higher expansion rate for EPS due to potential margin improvements. Based on a valuation anchored on a residual earnings model, I maintain a "Buy" rating on TSMC stock, and set my target price at $200. Read the full article on Seeking AlphaSeeking Alpha • Jun 25
Taiwan Semiconductor: A Sure Bet On AI
Summary TSM's Q1 earnings beat expectations, with strong revenue and profit growth, leading to a 30% stock price increase post-earnings. TSM dominates the advanced semiconductor market, with significant clients and strong demand for smaller chips in AI PCs. Despite concerns about China, TSM benefits from federal funding and has solid debt, dividend, and valuation metrics, making it a Buy. Read the full article on Seeking AlphaSeeking Alpha • Jun 18
TSMC: By Far The Strongest Chip Company
Summary Recently Taiwan Semiconductor Manufacturing officials said that they were considering raising prices charged to NVIDIA. With a 60% market share in chip manufacturing, TSMC is the only company with enough manufacturing capacity to fill NVIDIA's massive orders. Although NVIDIA works with Samsung as well as TSMC for manufacturing, it's not clear that it could cut out the latter due to higher prices in the near term. TSMC will make money off of Apple's new AI with on-device processing, NVIDIA might not. In this article I make the case that Taiwan Semiconductor Manufacturing is fundamentally stronger than NVIDIA. Read the full article on Seeking AlphaSeeking Alpha • Jun 10
TSMC: One Of The Cheapest Big Tech/AI Stocks
Summary TSMC is the largest foundry with over 50% market share, making it a solid investment choice for risk-averse investors given broad customer exposure. Despite a 60% increase in stock price since January, TSMC remains fairly valued and one of the cheapest among Big Tech/AI companies. TSMC has returned to growth in Q1 and has a strong outlook for 2024 and beyond, making it a promising investment option. Read the full article on Seeking AlphaSeeking Alpha • Jun 04
Taiwan Semiconductor Stock: April Sales Soar From Advanced Nodes
Summary TSM topped analyst estimates and its internal guide with revenue growth of 12.9% YoY growth for US$18.9 billion. Management has been dropping hints that customer adoption on its upcoming 2nm node, set for production by year-end 2025, will be even stronger. We continue to focus on stocks with high AI concentration, and TSMC will remain on our watchlist as we build out our AI portfolio with many lesser-known names. Read the full article on Seeking AlphaSeeking Alpha • May 17
TSMC: Derisking China Invasion Threats
Summary Taiwan Semiconductor Manufacturing Company (TSM) is a strong buy for long-term investors due to its strong technological capabilities and central role in the semiconductor supply chain. TSMC dominates the industry with its advanced chips and strategic investments in international markets, mitigating risks associated with Taiwan-China tensions. Despite recent earnings report causing a drop in share price, TSMC's leading position in the semiconductor industry and growth prospects make it a cheap and strong buy. Read the full article on Seeking AlphaSeeking Alpha • May 08
TSMC: Charting A Path To $185
Summary TMSC is a key player in the AI semiconductor space and has seen its market fortunes improve significantly. The company's robust revenue and earnings growth and its focus on AI chips contribute to its positive outlook. TSM has nearly doubled, hitting a 52-week high, buoyed by its role as one of the largest semiconductor manufacturers and the elevated demand for Nvidia’s AI chips. TSMC has exceeded expectations, surpassing ambitious targets and projecting further growth to potentially reach $185 in 2024, underscored by solid price momentum and market demand. Read the full article on Seeking AlphaSeeking Alpha • May 02
Third Point - Taiwan Semiconductor: The 'Toll Road' For AI Compute
Summary During the quarter, we added to our TSMC investment, which we initiated in May of last year. We view TSMC as the “toll road” of the semiconductor industry, particularly for AI compute. We believe TSMC has significant untapped pricing power which can be levered to offset (if not expand) its already admirable returns on capital. Read the full article on Seeking Alpha
Neues Narrativ • Apr 30
Narrative update from Goran Damchevski
TSMC reported a Q1 revenue of $18.87B, representing a growth of 12.9% YoY, and a 3.8% decrease in QoQ. The performance was driven by demand for high performance compute (HPC), which was negatively offSeeking Alpha • Apr 17
Taiwan Semiconductor Stock Is Breaking Out (Technical Analysis)
Summary Taiwan Semiconductor Manufacturing Company Limited is well positioned to break out of a multi-year resistance level near $130. I see both strong technical and fundamental signals that can support such a breakout. Judging by Taiwan Semiconductor's revenue trends, the contracting phase of the current cycle is ending, while the expansion phase is starting. Read the full article on Seeking AlphaSeeking Alpha • Apr 09
TSMC: Don't Be Ruined By Over-Optimism (Downgrade)
Summary Taiwan Semiconductor Manufacturing Company Limited aka TSMC is positioned as the "enabler" of the AI industry, fabricating AI chips for companies like Nvidia, AMD, Broadcom, and Marvell. TSMC expects over 20% YoY revenue growth in 2024, driven by AI-related revenue and the scaling of its N3 process node. The sustainability of the AI growth inflection could lead to further upside potential for TSMC's valuation. I explain why the market isn't foolish, as it lifted TSMC's valuation since bottoming out in 2023. With AI FOMO driving significant recent gains in TSMC, it's time to play the defensive until we get a steeper pullback. Read the full article on Seeking AlphaSeeking Alpha • Apr 03
TSMC: Robust Growth To Continue
Summary TSMC's lackluster performance in H1 2023 was due to sluggish shipment growth and reduced orders from major clients. TSMC's market share declined in Q2 2023 but recovered in Q4 2023, remaining the dominant market leader. The company remains the most competitive foundry with advanced process technology, strong customer partnerships, and a focus on AI chips. Read the full article on Seeking AlphaNeues Narrativ • Mar 26
Semiconductor Demand will likely persist from the likes of AI, IoT, and 5G
AI Chip Boom: TSMC’s quarterly revenue surged at its fastest pace in over a year, thanks to the global boom in AI development. The demand for high-end chips and servers, particularly those used in AISeeking Alpha • Mar 26
Best Chip Stock To Ride The AI Frenzy: Taiwan Semiconductor (SA Quant)
Summary Nvidia fueled more artificial intelligence hysteria at “AI Woodstock” as it unveiled the Blackwell platform, but most large-cap chip stocks lack SA Strong Buy 'quantamentals' to match the hype. TSMC, up 50% in the past year, has a dominant share in the global foundry market, EBITDA margins of 66%, and P/E FWD at a 12% discount to the sector. TSMC has solid quantitative factor grades relative to the sector, including closest in size large-cap peers in the semiconductor industry, such as Nvidia, resulting in an SA quant Strong Buy. Read the full article on Seeking AlphaSeeking Alpha • Mar 15
Taiwan Semiconductor: A Long-Term Winner Amidst Short-Term Hype
Summary TSMC stock has been breaking records due to strong demand for chips and positive investor sentiment in the semiconductor sector. The company's fundamentals, however, have shown zero growth in revenue and a drop in net income. TSMC's long-term prospects remain compelling due to its technological leadership, relationships with major tech players, and opportunities in AI and high-performance computing. Read the full article on Seeking AlphaSeeking Alpha • Mar 05
Taiwan Semiconductor Raising Prices 8.7% In 2024 As Revenue Growth Underperforms Customers
Summary TSMC is a semiconductor foundry that manufactures chips for companies like AMD and Nvidia. TSMC's revenue and share price are underperforming compared to AMD and Nvidia. TSMC is increasing prices of its chips an aggregate of 8.7% in 2024 compared to January 2023 prices. Read the full article on Seeking Alpha
Neues Narrativ • Feb 26
Narrative update from Stjepan Kalinic
The company reported strong Q4 earnings in January, beating the upper end of guidance on revenue and operating margin.Seeking Alpha • Feb 21
Investing In Innovation: Why Taiwan Semiconductor Is A Smart Choice For Long-Term Growth
Summary TSMC's significant investments in expanding its operations to the United States and Japan, along with its established partnerships with top tech companies, bolster its global influence and mitigate geopolitical risks. Despite financial challenges and a volatile geopolitical landscape, TSMC stands strong with a 59% market share and key partnerships, making it an attractive buy in the Semiconductor space. By focusing on cutting-edge technology, TSMC has overcome recent hurdles and positioned itself for long-term success in the emerging AI market. Read the full article on Seeking AlphaNeues Narrativ • Feb 14
High Growth Opportunities And Categorical Risk Factors Increase The Range Of TSMC’s Valuation
TSMC is the current leader in chip manufacturing, boasting the most advanced technology and a strong customer baseSeeking Alpha • Feb 05
Taiwan Semiconductor: Highly Wanted Advanced Technology
Summary Taiwan Semiconductor's inventory correction cycle is over, demand for smartphones and PCs is improving, and mass production of 3nm chips has started successfully. Demand for 3nm chips is expected to grow strongly in 2024, driven by the need for AI and advanced technologies. TSMC's financial results are in line with expectations, and the company continues to lead in advanced technology manufacturing. Read the full article on Seeking AlphaSeeking Alpha • Jan 29
Taiwan Semiconductor: Beijing Is A Threat
Summary TSMC's stock has greatly appreciated in recent weeks thanks to the release of successful Q4 earnings results and an upbeat guidance for 2024. The company is likely to expand its operations globally with the help of subsidies and federal assistance in the following years. Geopolitical risks, including chip export restrictions and the potential invasion of Taiwan by Beijing are the main threats to TSMC's growth story. Read the full article on Seeking AlphaSeeking Alpha • Jan 23
Taiwan Semiconductor Is Becoming A Dividend Growth Machine
Summary Taiwan Semiconductor Manufacturing Company Limited experienced an 8.7% decline in revenue in the 2023 fiscal year due to supply chain issues and a drop in smartphone and PC sales. Despite these challenges, Taiwan Semiconductor's stock has increased by over 29% in the last year, indicating the company's strengths. The company's Q4 results exceeded analysts' estimates, with revenue increasing by 13.6% and strong guidance for the future, driven by a revival in smartphone and PC sales. Read the full article on Seeking AlphaSeeking Alpha • Jan 17
TSMC: DPP Taiwan Election Win Could Mean Greater Risks For The Stock
Summary William Lai Ching-te was elected as Taiwan's President, signaling a more distinct Taiwanese identity apart from China. Geopolitical tensions could impact Taiwan Semiconductor Manufacturing Company's operations and investor sentiment. TSMC's financials show strong profitability but slower growth and rising liabilities. Valuation appears undervalued. Due to the current uncertainty surrounding the firm, my analyst rating for the stock is a Hold. Read the full article on Seeking AlphaSeeking Alpha • Jan 11
TSMC Is Probably The Most Important Company In The World Right Now
Summary TSMC's main competitor is Samsung, but they are far behind in advanced chips and do not have the same capacity as TSMC. Intel has the advantage of government support, but cannot compete with TSMC's experience and expertise. TSMC's advanced chips are crucial for multiple industries and their dominance is likely to increase in the future. Read the full article on Seeking AlphaSeeking Alpha • Jan 01
TSMC: Major Apple Risk Persists But Stock Still Investible (Rating Upgrade)
Summary TSMC is a prudent choice for investment in the semiconductor industry, which is expected to continue growing. The rise in competition at the leading edge of the market poses a risk to TSMC's market share and pricing power. Apple, TSMC's largest customer, may explore other foundries for its chip manufacturing, potentially impacting TSMC's business. Read the full article on Seeking AlphaSeeking Alpha • Dec 24
TSMC Vs. Intel: Only 1 Can Win
Summary Taiwan Semiconductor Manufacturing (TSMC) is the dominant global champion of semiconductor manufacturing, serving major companies like NVIDIA, Apple, and AMD. Intel, once the dominant company in the semiconductor space, lost its position when Apple started making its own chips, resulting in a decline in profit. TSMC remains the better company with higher revenue and earnings growth, while Intel's cheap valuation and government support make it worth considering. Read the full article on Seeking AlphaSeeking Alpha • Nov 25
Taiwan Semiconductor: The 800-Pound Chip Gorilla That's An Underappreciated Play On AI
Summary Taiwan Semiconductor shares have risen 31% since December, outperforming the S&P 500. TSM's Q3 2023 results beat estimates, with revenue up 10% from Q2 and 5nm device revenue jumping 13% YoY. TSM's strong ramp-up of 3nm technology and increased demand for 5nm technologies are expected to drive future growth. Read the full article on Seeking AlphaAktionärsrenditen
| TSM | US Semiconductor | US Markt | |
|---|---|---|---|
| 7D | -2.5% | -3.6% | -0.8% |
| 1Y | 107.5% | 106.1% | 27.1% |
Rendite im Vergleich zur Industrie: TSM übertraf die Branche US Semiconductor , die im vergangenen Jahr eine Rendite von 106.1 erzielte.
Rendite vs. Markt: TSM übertraf den Markt US, der im vergangenen Jahr eine Rendite von 27.1 erzielte.
Preisvolatilität
| TSM volatility | |
|---|---|
| TSM Average Weekly Movement | 6.0% |
| Semiconductor Industry Average Movement | 11.1% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 3.2% |
Stabiler Aktienkurs: TSM hatte in den letzten 3 Monaten im Vergleich zum US -Markt keine signifikante Preisvolatilität.
Volatilität im Zeitverlauf: TSMDie wöchentliche Volatilität (6%) ist im vergangenen Jahr stabil geblieben.
Über das Unternehmen
| Gegründet | Mitarbeiter | CEO | Website |
|---|---|---|---|
| 1987 | 76,907 | C. C. Wei | www.tsmc.com |
Die Taiwan Semiconductor Manufacturing Company Limited und ihre Tochtergesellschaften produzieren, verpacken, testen und verkaufen integrierte Schaltungen und andere Halbleiterbauelemente in Taiwan, China, Europa, dem Nahen Osten, Afrika, Japan, den Vereinigten Staaten und international. Es bietet verschiedene Wafer-Fertigungsprozesse an, wie z.B. Prozesse zur Herstellung von CMOS-Logik, Mixed-Signal, Hochfrequenz, Embedded Memory, Bipolar CMOS Mixed-Signal und andere.
Taiwan Semiconductor Manufacturing Company Limited's Grundlagenzusammenfassung
| TSM grundlegende Statistiken | |
|---|---|
| Marktanteil | US$1.83t |
| Gewinn(TTM) | US$60.54b |
| Umsatz(TTM) | US$130.19b |
30.3x
Kurs-Gewinn-Verhältnis 14.1x
Kurs-Umsatz-VerhältnisIst TSM zu teuer?
Siehe Fair Value und BewertungsanalyseErträge & Einnahmen
| TSM Gewinn- und Verlustrechnung (TTM) | |
|---|---|
| Einnahmen | NT$4.10t |
| Kosten der Einnahmen | NT$1.56t |
| Bruttogewinn | NT$2.54t |
| Sonstige Ausgaben | NT$630.67b |
| Gewinn | NT$1.91t |
Zuletzt gemeldete Gewinne
Mar 31, 2026
Datum des nächsten Gewinnberichts
k.A.
| Gewinn per Aktie (EPS) | 73.60 |
| Bruttomarge | 61.87% |
| Nettogewinnspanne | 46.51% |
| Schulden/Eigenkapital-Verhältnis | 17.8% |
Wie hat sich TSM auf lange Sicht entwickelt?
Historische Performance und VergleicheDividenden
1.0%
Aktuelle Dividendenrendite33%
AusschüttungsquoteZahlt TSM eine zuverlässige Dividende?
Siehe TSM Dividendenhistorie und Benchmarks| Taiwan Semiconductor Manufacturing Dividendentermine | |
|---|---|
| Ex-Dividenden Datum | Jun 11 2026 |
| Datum der Dividendenzahlung | Jul 09 2026 |
| Tage bis Ex-Dividende | 20 days |
| Tage bis zum Datum der Dividendenzahlung | 48 days |
Zahlt TSM eine zuverlässige Dividende?
Siehe TSM Dividendenhistorie und BenchmarksUnternehmensanalyse und Finanzdaten Status
| Daten | Zuletzt aktualisiert (UTC-Zeit) |
|---|---|
| Unternehmensanalyse | 2026/05/21 10:19 |
| Aktienkurs zum Tagesende | 2026/05/21 00:00 |
| Gewinne | 2026/03/31 |
| Jährliche Einnahmen | 2025/12/31 |
Datenquellen
Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.
| Paket | Daten | Zeitrahmen | Beispiel US-Quelle * |
|---|---|---|---|
| Finanzdaten des Unternehmens | 10 Jahre |
| |
| Konsensschätzungen der Analysten | +3 Jahre |
|
|
| Marktpreise | 30 Jahre |
| |
| Eigentümerschaft | 10 Jahre |
| |
| Verwaltung | 10 Jahre |
| |
| Wichtige Entwicklungen | 10 Jahre |
|
* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.
Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.
Analysemodell und Schneeflocke
Einzelheiten zu dem Analysemodell, mit dem dieser Bericht erstellt wurde, finden Sie auf unserer Github-Seite. Außerdem bieten wir Leitfäden zur Verwendung unserer Berichte und Tutorials auf YouTube an.
Erfahren Sie mehr über das Weltklasse-Team, das das Simply Wall St-Analysemodell entworfen und entwickelt hat.
Metriken für Industrie und Sektor
Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.
Analysten-Quellen
Taiwan Semiconductor Manufacturing Company Limited wird von 63 Analysten beobachtet. 38 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.
| Analyst | Einrichtung |
|---|---|
| Ge Bai | ABCI Securities Company Limited |
| Stefan Chang | Aletheia Analyst Network Limited |
| Brett Simpson | Arete Research Services LLP |