TSMCTSM
Market Cap: $813B
About: Taiwan Semiconductor Manufacturing Co. is the world's largest dedicated chip foundry, with over 60% market share. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD, and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs. TSMC employs more than 73,000 people.
Employees: 76,478
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
125% more first-time investments, than exits
New positions opened: 295 | Existing positions closed: 131
40% more funds holding in top 10
Funds holding in top 10: 165 [Q1] → 231 (+66) [Q2]
28% more repeat investments, than reductions
Existing positions increased: 846 | Existing positions reduced: 663
25% more capital invested
Capital invested by funds: $117B [Q1] → $145B (+$28.7B) [Q2]
9% more funds holding
Funds holding: 1,869 [Q1] → 2,033 (+164) [Q2]
0.07% less ownership
Funds ownership: 3.3% [Q1] → 3.24% (-0.07%) [Q2]
29% less call options, than puts
Call options by funds: $8.71B | Put options by funds: $12.3B
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Susquehanna Mehdi Hosseini 36% 1-year accuracy 14 / 39 met price target | 59%upside $250 | Positive Maintained | 14 Aug 2024 |
Susquehanna Mehdi Hosseini 36% 1-year accuracy 14 / 39 met price target | 59%upside $250 | Positive Maintained | 6 Aug 2024 |
Needham Charles Shi 21% 1-year accuracy 14 / 67 met price target | 34%upside $210 | Buy Reiterated | 18 Jul 2024 |
Needham Charles Shi 21% 1-year accuracy 14 / 67 met price target | 34%upside $210 | Buy Maintained | 15 Jul 2024 |
Susquehanna Mehdi Hosseini 36% 1-year accuracy 14 / 39 met price target | 59%upside $250 | Positive Maintained | 11 Jul 2024 |
Financial journalist opinion
Based on 95 articles about TSM published over the past 30 days