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Smart Investors Daily
TS

NASDAQ · TSM

Taiwan Semiconductor Manufacturing Company Limited

Technology · Semiconductors

$405.49

Down-$7.86 (-1.90%)

Updated Nov 13, 2026, 12:02 PM

SID Score

6.6/10

Composite research score

Smart Money

76/100

Bullish

Market cap
1.58T
P/E ratio
26.2
Dividend yield
1.16%
52-week range
$266.82 – $487.47
Volume
11.4M
Avg. volume
12.97M

Price performance · TSM

TSM price history

1M range · 21 trading sessions · Daily adjusted prices

Prices through Nov 12, 2026

TSM closed at $405.49 after 21 trading sessions, down 3.97% for the selected period.

Last close
$405.49
Period change
-3.97%
Period low
$353.10
Period high
$439.51
Daily close
View OHLC price history
TSM OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Nov 12, 2026$394.62$411.77$393.9149$405.4911.4M
Nov 11, 2026$415.25$416.80$407.03$413.3514.51M
Nov 10, 2026$388.42$400.21$387.20$396.4814.43M
Nov 9, 2026$382.50$394.39$380.33$388.6215.64M
Nov 6, 2026$380.56$380.72$367.9461$375.4423.84M
Nov 5, 2026$379.75$380.78$351.1911$353.1043.03M
Nov 4, 2026$400.635$410.5899$391.61$395.7514.52M
Nov 3, 2026$404.99$408.37$403.03$404.809.42M
Nov 2, 2026$412.52$414.76$398.29$398.6313.19M
Oct 30, 2026$414.08$418.0895$400.12$406.1321.97M
Oct 29, 2026$431.69$436.24$428.43$431.818.47M
Oct 28, 2026$438.24$440.879$436.84$439.518.04M
Oct 27, 2026$427.16$438.58$426.00$436.879.02M
Oct 26, 2026$418.07$428.85$417.72$424.379.63M
Oct 23, 2026$412.29$421.31$411.11$418.519.49M
Oct 22, 2026$419.39$421.9099$410.22$412.3516.48M
Oct 21, 2026$433.14$435.16$423.74$431.8910.72M
Oct 20, 2026$416.29$428.2139$416.12$425.0812.54M
Oct 19, 2026$421.66$427.1599$415.5001$420.2212.35M
Oct 16, 2026$421.22$421.50$410.58$412.6116.68M
Oct 15, 2026$415.17$423.66$407.13$422.2522.45M

Latest TSM news

The latest Smart Investors Daily articles mentioning TSM.

TSM research

Overview

Company profile and research snapshot.

Company profile

Taiwan Semiconductor Manufacturing Co. is the world's largest dedicated chip foundry, with mid-60s market share in 2024. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public in Taiwan in 1994 and 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 base of customers, including Apple, AMD, and Nvidia, that look to apply its cutting-edge process technologies to their semiconductor designs. TSMC employs more than 83,000 people.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Buy
Average target
$361.25
Implied upside
—
Analysts
43
TSM recent ratings
DateFirmRatingTarget
Aug 28, 2020New StreetBuy—
Jul 24, 2020MacquarieOutperform—
Dec 17, 2019China RenaissanceBuy—
Sep 30, 2019Goldman SachsBuy—
Sep 5, 2019Morgan StanleyOverweight—
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News briefing

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Yahoo · Nov 12, 2026

Here’s Why Bernstein’s Mark Li Is Raising His Price Target on TSMC (TSM) to $600

We just published a list of the 10 Unrivaled Stocks to Buy for the Next Decade and Taiwan Semiconductor Manufacturing (NYSE:TSM) ranked 6th on this list. Wall Street had its worst day since April 2025 last Thursday. The Nasdaq Composite fell 5.5%, the S&P 500 dropped 4.4%, and the Philadelphia Semiconductor Index plunged 12.2%. Two […]

AI research layers

Interpretive context generated from the platform’s current data sources.

Taiwan Semiconductor Manufacturing Company Limited Stock Performance

Taiwan Semiconductor Manufacturing Company Limited (TSM) shares traded at $405.49, reflecting a 7.14% decline over the trailing one-month period and a 3.98% decrease over three months, per SID market data. Despite near-term weakness, the stock has delivered a robust 39.99% return over the past twelve months, underscoring sustained long-term demand for the world's largest contract chipmaker. TSM currently trades below its 50-day moving average of $430.68, indicating short-term bearish momentum, while hovering just above its 200-day moving average of $402.52, a critical technical support level. The 14-day relative strength index registers at 50.3, suggesting neutral momentum with neither overbought nor oversold conditions. According to Massive/Polygon data, average daily trading volume stands at approximately 12.97 million shares. The stock carries a beta of 1.267, indicating higher volatility relative to the broader market, consistent with its position in the semiconductor sector.

Taiwan Semiconductor Manufacturing Company Limited Valuation Analysis

TSM commands a market capitalization of approximately $1.58 trillion, positioning it among the most valuable publicly traded companies globally, per SID market data. The stock trades at a price-to-earnings ratio of 26.20, reflecting a premium valuation consistent with its dominant position in advanced semiconductor fabrication. The PEG ratio stands at 2.28, according to SEC filings and market estimates, suggesting the current earnings multiple exceeds the company's projected growth rate. TSM's price-to-book ratio of 8.35 highlights the significant premium investors assign to the company's proprietary manufacturing capabilities and irreplaceable foundry infrastructure. The company offers a dividend yield of 1.29%, providing modest income to shareholders while the firm reinvests heavily in capital expenditures for next-generation chip production. These valuation metrics collectively reflect the market's recognition of TSM's technological moat and its central role in the global semiconductor supply chain.

Smart Money Activity for TSM

Smart money indicators for TSM present a notably bullish profile, with the composite smart money score registering at 76 out of 100 and generating a bullish signal, per SID market data. Insider activity has been particularly strong, scoring a perfect 25 out of 25, supported by 20 insider transactions recorded over the past 90 days — all of which were purchases with zero insider sales, according to SEC Form 4 filings. This unanimous buying pattern among company insiders signals strong internal confidence in TSM's forward trajectory. Institutional sentiment also registers favorably at 23.0 out of 25, reflecting broad accumulation by major fund managers per 13F institutional filings. Congressional trading activity scores 19.2 out of 25, indicating above-average interest from U.S. lawmakers with disclosed positions. The dark pool activity score of 9.0 out of 25 is comparatively subdued, suggesting that large block trades in off-exchange venues have been relatively limited during the current period.

Taiwan Semiconductor Manufacturing Company Limited Earnings Outlook

TSM has demonstrated a consistent pattern of exceeding analyst expectations across recent reporting periods, according to company earnings reports. In the most recent quarter, the company reported earnings per share of $4.60, surpassing the consensus estimate of $4.45 by $0.15. The prior quarter showed an even stronger beat, with actual EPS of $4.31 exceeding the $3.77 estimate by $0.54, representing a 14.3% positive surprise. Two quarters ago, TSM reported $3.49 per share against a $3.31 estimate, delivering a $0.18 upside surprise. The upcoming quarter carries an analyst consensus estimate of $3.27 per share, with results expected on April 20, per analyst estimates. The sequential earnings trajectory from $3.49 to $4.31 to $4.60 illustrates accelerating profitability, driven by strong demand for advanced node chips used in artificial intelligence and high-performance computing applications. This earnings momentum reinforces TSM's pricing power in leading-edge fabrication.

Wall Street Analyst Ratings for TSM

Wall Street coverage of TSM has reflected a consistently positive consensus, with multiple major investment banks maintaining bullish ratings, according to Wall Street analyst reports. New Street initiated coverage with a Buy rating, while Macquarie upgraded the stock from Neutral to Outperform, signaling increased confidence in the company's growth prospects. Goldman Sachs reiterated its Buy recommendation, reinforcing its constructive long-term thesis on TSM's foundry dominance. Morgan Stanley upgraded TSM from Equal-Weight to Overweight, and China Renaissance moved its rating from Hold to Buy, per SID consensus data. Notably, all five of the most recent analyst actions represent either initiations at Buy or upgrades to buy-equivalent ratings, with zero downgrades recorded among tracked coverage. This unanimously favorable analyst sentiment aligns with TSM's strong earnings execution, including three consecutive quarterly beats, and reflects broad institutional conviction in the company's structural positioning within the global semiconductor ecosystem and its advanced packaging leadership.