Taiwan Semiconductor Manufacturing (TSM)

Exchange: USA Stocks • Country: Taiwan • Currency: USD • Type: Common Stock • ISIN: US8740391003

Taiwan Semiconductor Manufacturing (NYSE:TSM) is a leading company that produces and sells integrated circuits and semiconductor devices across various regions, including Taiwan, China, Europe, the Middle East, Africa, Japan, and the United States. Their expertise lies in offering advanced fabrication processes for logic, mixed-signal, radio frequency, and embedded memory semiconductors.

Aside from manufacturing, TSMC provides customer support, engineering services, and mask production. Their products cater to a wide range of industries like high-performance computing, smartphones, Internet of Things, automotive, and digital consumer electronics. Founded in 1987, the company is based in Hsinchu City, Taiwan. For more information, visit their website at https://www.tsmc.com.

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Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Taiwan Semiconductor Manufacturing (TSM)

TSM Stock Overview

Market Cap in USD 648,509m
Sector Technology
Industry Semiconductors
GiC SubIndustry Semiconductors
TER 0.00%
IPO / Inception 1994-09-05

TSM Stock Ratings

Fundamental 5.26
Dividend 3.87
Growth 5y 6.47
Rel. Performance vs Sector -1.64
Analysts 4.50
Fair Price Total Ret. 135.44
Fair Price DCF 712.46

TSM Dividends

Yield 12m 1.13%
Yield on Cost 5y 4.08%
Dividends CAGR 5y -7.47%
Payout Consistency 98.0%

TSM Growth Ratios

Growth 12m 46.26%
Growth Correlation 12m 42%
Growth Correlation 3m 73%
CAGR 5y 29.16%
CAGR / Mean Drawdown 1.56
Sharpe Ratio 12m 1.33
Alpha vs SP500 12m 18.28
Beta vs SP500 5y weekly 0.91
CAPM 7.75%
Average Daily Range 2m 2.33%
Regime Oscillator 66.04
Volatility GJR Garch 1y 33.47%
Price / SMA 50 11.85%
Price / SMA 200 28.11%
Current Volume 6519.1k
Average Volume 20d 13404.3k

External Links for TSM Stock

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What is the price of TSM stocks?
As of February 29, 2024, the stock is trading at USD 127.38 with a total of 6,519,095 shares traded.
Over the past week, the price has changed by +1.63%, over one month by +8.89%, over three months by +30.49% and over the past year by +48.13%.
Why is TSM stock down?
Check with which Index or Commodity TSM has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return TSM Return S&P 500
1 Month 8.89% 3.05%
3 Months 30.49% 11.73%
12 Months 48.13% 29.22%
What is the forecast for TSM stock price target?
According to ValueRays Forecast Model, TSM Taiwan Semiconductor Manufacturing will be worth about 146.3 in February 2025. The stock is currently trading at 127.38. This means that the stock has a potential upside of +14.84%.
Issuer Forecast Upside
Wallstreet Target Price 123.9 -2.7%
Analysts Target Price 114.9 -9.8%
ValueRay Target Price 146.3 14.8%

The Evolution and Status of Taiwan Semiconductor Manufacturing (TSMC)

History

Taiwan Semiconductor Manufacturing Company, Limited (TSMC), established in 1987 in Taiwan, stands as the world's largest dedicated independent (pure-play) semiconductor foundry. Pioneering the concept of the foundry in the semiconductor industry, TSMC transformed the way semiconductors were manufactured, focusing exclusively on manufacturing customers' designs instead of designing its own chips. Dr. Morris Chang, the founder, revolutionized semiconductor production with his vision of providing small and medium-sized companies access to cutting-edge manufacturing technologies.

Core Business

At its core, TSMC engages in the manufacture and sales of integrated circuits and semiconductor products. Essentially, it acts as a giant workshop for electronics companies, producing the chips these companies design. Over the years, TSMC has grown to provide a wide range of semiconductor fabrication processes, including advanced technologies like the 5nm and 3nm processes, which are among the most sophisticated in the industry. This capability makes TSMC a critical player in the supply chain for a host of global tech giants, including Apple, Qualcomm, and AMD, to name a few.

Side Businesses

Though TSMC's mainstay is semiconductor fabrication, the company's strategy includes diversification into related areas. This encompasses the development of semiconductor equipment and materials, design software, and offering design support services to help customers optimize their chip designs for TSMC’s processes. Moreover, TSMC invests in renewable energy projects and environmental sustainability, further broadening its business landscape beyond semiconductor manufacturing.

Current Market Status

As of now, TSMC holds a commanding position in the semiconductor manufacturing sector, accounting for more than 50% of the global market share. Its dominance is attributed to its advanced manufacturing technologies, massive production capacity, and high reliability. The company's success is reflected in its robust financial performance and strong demand for its manufacturing services amidst a global chip shortage that has heightened the strategic importance of semiconductor supply chains. Looking ahead, TSMC continues to invest heavily in research and development and expand its manufacturing capabilities to maintain its market leadership and respond to the growing demand for semiconductor devices.