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Taiwan Semiconductor Manufacturing Company Limited (TSM)
NYSE:TSM
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TSMC (TSM) Price & Analysis

41,650 Followers

TSM Stock Chart & Stats

$370.50
$9.79(3.31%)
At close: 4:00 PM EDT
$370.50
$9.79(3.31%)

Bulls Say, Bears Say

Bulls Say
Technology Leadership In Advanced NodesA dominant share of advanced-node production (≤7nm) anchors TSMC as the foundry of choice for AI/HPC customers. Scale and process leadership create durable barriers to entry, pricing leverage, and strong, sticky customer relationships that support long-term revenue and margin resilience.
Exceptional Margins And ReturnsSustained very high gross and net margins with ROE well above peers indicate meaningful operating leverage and pricing power across product mix. These margins fund R&D, capex and dividends, supporting durable competitive advantage and earnings quality through cycles.
Strong Cash Generation & Balance SheetRobust operating cash flow and large cash reserves provide flexibility to finance multi‑year fab builds, support dividends and subsidiary guarantees, and absorb cyclical revenue swings. This liquidity underpins strategic investments and reduces refinancing/execution risk over the medium term.
Bears Say
High Capex Intensity Limits FCF ConversionLarge, sustained capital expenditures mean only a portion of accounting earnings converts to free cash flow. Persistent high capex reduces discretionary cash for other priorities, increases sensitivity to execution timing, and leaves FCF vulnerable to cycle downturns despite strong operating profits.
Margin Dilution From N2 And Overseas RampsStrategic expansion into N2 and foreign fabs improves capacity and geopolitically diversifies footprint but brings multi‑year margin dilution during tool conversions and learning curves. This structural margin drag can reduce corporate profitability while fabs ramp to efficient volumes.
Advanced Packaging Capacity & Technical ConstraintsPackaging bottlenecks and complex large‑die issues are structural constraints for high‑performance chips. Solving them requires capital, R&D and time; until yields and capacity scale, packaging limits could cap shipments, complicate customer ramps and pressure margins for multi-die, AI-class products.

TSMC News

TSM FAQ

What was Taiwan Semiconductor Manufacturing Company Limited’s price range in the past 12 months?
Taiwan Semiconductor Manufacturing Company Limited lowest stock price was $223.70 and its highest was $479.00 in the past 12 months.
    What is Taiwan Semiconductor Manufacturing Company Limited’s market cap?
    Taiwan Semiconductor Manufacturing Company Limited’s market cap is $1.99T.
      When is Taiwan Semiconductor Manufacturing Company Limited’s upcoming earnings report date?
      Taiwan Semiconductor Manufacturing Company Limited’s upcoming earnings report date is Jul 16, 2026 which is in 6 days.
        How were Taiwan Semiconductor Manufacturing Company Limited’s earnings last quarter?
        Taiwan Semiconductor Manufacturing Company Limited released its earnings results on Apr 16, 2026. The company reported $3.502 earnings per share for the quarter, beating the consensus estimate of $3.301 by $0.201.
          Is Taiwan Semiconductor Manufacturing Company Limited overvalued?
          According to Wall Street analysts Taiwan Semiconductor Manufacturing Company Limited’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Taiwan Semiconductor Manufacturing Company Limited pay dividends?
            Taiwan Semiconductor Manufacturing Company Limited pays a Quarterly dividend of $1.114 which represents an annual dividend yield of 0.82%. See more information on Taiwan Semiconductor Manufacturing Company Limited dividends here
              What is Taiwan Semiconductor Manufacturing Company Limited’s EPS estimate?
              Taiwan Semiconductor Manufacturing Company Limited’s EPS estimate is 3.8.
                How many shares outstanding does Taiwan Semiconductor Manufacturing Company Limited have?
                Taiwan Semiconductor Manufacturing Company Limited has 5,186,474,000 shares outstanding.
                  What happened to Taiwan Semiconductor Manufacturing Company Limited’s price movement after its last earnings report?
                  Taiwan Semiconductor Manufacturing Company Limited reported an EPS of $3.502 in its last earnings report, beating expectations of $3.301. Following the earnings report the stock price went down -3.132%.
                    Which hedge fund is a major shareholder of Taiwan Semiconductor Manufacturing Company Limited?
                    Currently, no hedge funds are holding shares in TSM
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Taiwan Semiconductor Manufacturing Company Limited

                      Taiwan Semiconductor Manufacturing Company Limited (TSMC), along with its affiliated entities, operates globally in the semiconductor industry, specializing in the manufacturing, packaging, meticulous testing, and worldwide distribution of integrated circuits and other crucial semiconductor components. Its expansive international presence covers key markets such as Taiwan, China, Europe, the Middle East, Africa, Japan, and the United States. The company is renowned for its diverse array of wafer fabrication processes. These capabilities enable the production of various advanced semiconductor types, including complementary metal-oxide-semiconductor (CMOS) logic, mixed-signal devices, radio frequency components, embedded memory, and bipolar CMOS mixed-signal circuits. Beyond its core foundry services, TSMC extends its offerings to include dedicated customer and engineering support. It also undertakes the production of specialized masks, actively invests in burgeoning technology startups, and manages the entire lifecycle—from research and development through to manufacturing, packaging, testing, and sales—of color filters. Furthermore, the company provides a range of investment services. TSMC's cutting-edge products are indispensable across numerous sectors, powering high-performance computing, modern smartphones, Internet of Things (IoT) ecosystems, sophisticated automotive systems, and a broad spectrum of digital consumer electronics. Established in 1987, the enterprise is officially headquartered in Hsinchu City, Taiwan.

                      TSMC (TSM) Earnings & Revenues

                      TSM Company Deck

                      TSM Earnings Call

                      Q1 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call presented multiple strong operational and financial positives: revenue and margin beats, robust AI/HPC demand, healthy cash generation, and an aggressive CapEx program targeting additional N3 and N2 capacity. Key risks and challenges were clearly articulated — ongoing supply tightness likely through 2027, margin dilution from N2 and overseas fab ramps (2%–3% near-term), rising inventory and liabilities, packaging capacity constraints, and potential input-cost pressure from geopolitical events. Management provided concrete mitigation actions (multi-site N3 expansion, converting tools, supplier diversification, safety stock) and reiterated technology leadership and commitment to profitability, which frames the challenges as manageable but real.View all TSM earnings summaries

                      TSM Stock 12 Month Forecast

                      Average Price Target

                      $507.14
                      ▲(36.88% Upside)
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                      Ownership Overview

                      0.69%3.41%0.06%94.84%
                      0.06% Other Institutional Investors
                      94.84% Public Companies and Individual Investors
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