TSMC
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 us 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 Q4 regulatory filings by fund managers ($100M+ AUM)
226% more first-time investments, than exits
New positions opened: 362 | Existing positions closed: 111
16% more funds holding in top 10
Funds holding in top 10: 205 [Q3] → 238 (+33) [Q4]
15% more repeat investments, than reductions
Existing positions increased: 897 | Existing positions reduced: 780
13% more capital invested
Capital invested by funds: $147B [Q3] → $166B (+$18.5B) [Q4]
7% more funds holding
Funds holding: 2,152 [Q3] → 2,301 (+149) [Q4]
0.07% less ownership
Funds ownership: 3.28% [Q3] → 3.21% (-0.07%) [Q4]
35% less call options, than puts
Call options by funds: $11.1B | Put options by funds: $17.2B
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Needham Charles Shi 31% 1-year accuracy 25 / 81 met price target | 14%upside $225 | Buy Reiterated | 18 Feb 2025 |
Barclays Simon Coles 63% 1-year accuracy 5 / 8 met price target | 29%upside $255 | Overweight Maintained | 17 Jan 2025 |
Financial journalist opinion
Based on 114 articles about TSM published over the past 30 days
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