MarketPlays: MarketPlays: Taiwan Semiconductor Manufacturing Stock (TSM) Price, Earnings & Analysis

Company Overview

Name

Taiwan Semiconductor Manufacturing

52W High

$389.11

52W Low

$144.07

Market Cap

$1.9T

Dividend Yield

Price/earnings

1.3626

P/E

1.3626

Dividends

Dividends Upcoming

Own this stock by Jun 11, 2026

Jul 9, 2026

$0.95 per share

Sentiment

Score

Very Bullish

Low

Neutral

High

100

Trade Volume

Score

Neutral

Low

Neutral

High

100

Income Statement

Total Revenue

$88B

Operating Revenue

$88.3B

Total Gross Profit

$49.5B

Total Operating Income

$40.3B

Net Income

$35.3B

EV to EBITDA

$30.98

EV to Revenue

$21.27

Price to Book value

$14.81

Price to Earnings

$51.06

Additional Data

Selling, General & Admin Expense

$2.6B

Marketing Expense

$400.8M

Research & Development Expense

$6.2B

Other Operating Expenses / (Income)

$37.5M

Total Operating Expenses

$-9.2B

Interest & Investment Income

$2.7B

Earnings History

Estimated EPS

Reported EPS

N/A

Company Overview

Name

Taiwan Semiconductor Manufacturing

52W High

$389.11

52W Low

$144.07

Market Cap

$1.9T

Dividend Yield

Price/earnings

1.3626

P/E

1.3626

Dividends

Dividends Upcoming

Own this stock by Jun 11, 2026

Jul 9, 2026

$0.95 per share

Sentiment

Score

Very Bullish

Low

Neutral

High

100

Trade Volume

Score

Neutral

Low

Neutral

High

100

Income Statement

Total Revenue

$88B

Operating Revenue

$88.3B

Total Gross Profit

$49.5B

Total Operating Income

$40.3B

Net Income

$35.3B

EV to EBITDA

$30.98

EV to Revenue

$21.27

Price to Book value

$14.81

Price to Earnings

$51.06

Additional Data

Selling, General & Admin Expense

$2.6B

Marketing Expense

$400.8M

Research & Development Expense

$6.2B

Other Operating Expenses / (Income)

$37.5M

Total Operating Expenses

$-9.2B

Interest & Investment Income

$2.7B

Earnings History

Estimated EPS

Reported EPS

N/A

Upcoming Earnings

We were not able to find an announced earnings date for this symbol yet. Check back again later

Company Info

CEO

Che C. Wei

Location

N/A, Taiwan, Province Of China

Exchange

NYSE

Website

https://tsmc.com

Summary

Taiwan Semiconductor Manufacturing Company Limited manufactures, packages, tests, and sells integrated circuits and other semiconductor devices.

Company Info

CEO

Che C. Wei

Location

N/A, Taiwan, Province Of China

Exchange

NYSE

Website

https://tsmc.com

Summary

Taiwan Semiconductor Manufacturing Company Limited manufactures, packages, tests, and sells integrated circuits and other semiconductor devices.

2 min read

Quick Summary

Taiwan Semiconductor Manufacturing Company (TSMC) is the world’s largest dedicated independent semiconductor foundry, specializing in the manufacturing, packaging, testing, and sale of advanced integrated circuits and semiconductor devices. TSMC provides manufacturing services for both fabless semiconductor companies and integrated device manufacturers, serving a wide range of industries including computing, automotive, communications, and consumer electronics. Its clients include tech giants such as Nvidia, Apple, and a wide array of AI and IoT hardware developers. Established in 1987 and headquartered in Hsinchu, Taiwan, TSMC is a crucial supplier for the global technology sector, especially given its leadership in advanced process nodes. The company is known for pioneering chip miniaturization, leading nodes at 3nm and preparing to advance to 2nm and even more cutting-edge technologies.

The Bull Case

TSMC's chief strengths are its commanding market position as the world’s top chip foundry and its continuous advance in semiconductor manufacturing technology.
The company leads in process node innovation, being first to bring 3nm—and soon 2nm—technologies to mass production, appealing to top-tier customers like Apple and Nvidia.
Its scale and expertise allow it to serve the AI, high-performance computing, automotive, and consumer electronics sectors with unparalleled manufacturing quality and efficiency.
TSMC's strong financials, reflected in robust gross and operating margins, and massive cash reserves, provide resilience and fuel future expansion.
Its growing international footprint, particularly in the U.S., helps mitigate geopolitical risks and diversify its revenue streams.

The Bear Case

Despite its leadership, TSMC faces vulnerabilities largely related to geopolitical tensions in the Taiwan Strait, which could disrupt operations or supply chains.
The company is exposed to high capital expenditures required for next-generation manufacturing and faces margin pressures from rising overseas expansion costs and increasing energy expenses.
Export restrictions—especially those impacting sales to China—pose additional risks to revenue growth and supply continuity.
Rapid technological change means substantial R&D investments are a constant necessity, while growing global competition from Samsung, Intel, and others threatens TSMC’s market share.
Any operational delays or technical setbacks in overseas fabs could also hinder its growth trajectory.

Key Risks

TSMC faces substantial risks from geopolitical tensions, particularly between the U.S.
and China, and the ongoing debate about Taiwan’s sovereignty.
export restrictions and tariffs threaten to hamper market access and profitability in its largest end markets.
High capital intensity and cost overruns in overseas projects, such as U.S.

What to Watch

UpcomingIn the most recent quarter, TSMC reported robust revenue growth, driven primarily by strong demand for advanced process nodes (7nm and below) which contributed to over 70% of wafer revenue.

UpcomingThe company saw its gross margin climb above 59%, and cash holdings reached $90 billion.

UpcomingA notable event was the announcement of a record-setting $100 billion investment in new U.S.-based chip factories, bolstering TSMC’s presence outside Taiwan as part of its risk diversification strategy.

ExpectedFor the next quarter, analysts and the company expect continued growth, with consensus EPS potentially rising by 50% to $2.16 and revenues up over 34%.

Price Drivers

TSMC's stock price is strongly driven by its earnings results, the global demand for advanced semiconductors, and macroeconomic events such as trade policies and tariffs affecting the chip sector.
The ongoing AI boom is a significant driver, as TSMC provides critical manufacturing for AI chips used by companies like Nvidia and Apple.
Expansion into overseas markets, especially large investments in U.S.
chip facilities, also influences sentiment by signaling risk diversification.

Market Trends

Broader market trends impacting TSMC include surging demand for advanced semiconductors driven by AI, data center expansion, 5G, and automotive electronics.
The industry is consolidating, with the largest players investing heavily in leading-edge process nodes to maintain their competitive edge.
Macroeconomic factors, such as inflation, energy prices, and government policy—especially relating to tariffs, trade, and the global push for semiconductor independence—influence the sector.
There is also a persistent shift toward geographical diversification of chip manufacturing to mitigate geopolitical and supply chain risks.