Yahoo · Oct 2, 2026
TSMC (TSM) Exceeds Market Returns: Some Facts to Consider
The latest trading day saw TSMC (TSM) settling at $472.78, representing a +2.96% change from its previous close.
TS
NASDAQ · TSM
Taiwan Semiconductor Manufacturing Company Limited
Technology · Semiconductors
$472.78
Up+$13.58 (+2.96%)
Updated Oct 3, 2026, 11:36 PM
SID Score
7.8/10
Composite research score
Smart Money
76/100
Bullish
- Market cap
- 1.58T
- P/E ratio
- 26.2
- Dividend yield
- 1.00%
- 52-week range
- $266.82 – $479.00
- Volume
- 9.93M
- Avg. volume
- 12.97M
Price performance · TSM
TSM price history
1M range · 20 trading sessions · Daily adjusted prices
Prices through Oct 2, 2026
TSM closed at $472.78 after 20 trading sessions, up 10.23% for the selected period.
- Last close
- $472.78
- Period change
- +10.23%
- Period low
- $413.75
- Period high
- $472.78
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 2, 2026 | $465.64 | $474.79 | $464.10 | $472.78 | 9.93M |
| Oct 1, 2026 | $457.265 | $460.415 | $453.461 | $459.20 | 8.22M |
| Sep 30, 2026 | $456.74 | $461.87 | $454.90 | $456.19 | 8.98M |
| Sep 29, 2026 | $452.27 | $459.43 | $447.07 | $456.94 | 9.94M |
| Sep 28, 2026 | $448.39 | $455.2718 | $443.11 | $452.88 | 7.87M |
| Sep 25, 2026 | $452.395 | $455.03 | $449.01 | $450.61 | 7.76M |
| Sep 24, 2026 | $441.80 | $452.56 | $440.60 | $451.15 | 7.72M |
| Sep 23, 2026 | $449.79 | $450.88 | $442.87 | $446.57 | 10.18M |
| Sep 22, 2026 | $441.22 | $452.88 | $441.20 | $452.00 | 11.26M |
| Sep 21, 2026 | $440.80 | $445.72 | $437.06 | $445.14 | 9.94M |
| Sep 18, 2026 | $429.04 | $434.8165 | $428.98 | $434.67 | 12.91M |
| Sep 17, 2026 | $424.40 | $430.53 | $423.39 | $430.26 | 12.45M |
| Sep 16, 2026 | $418.20 | $419.85 | $413.88 | $417.72 | 10.49M |
| Sep 15, 2026 | $421.94 | $421.94 | $412.55 | $413.75 | 9.46M |
| Sep 14, 2026 | $416.01 | $424.45 | $416.01 | $418.01 | 14.31M |
| Sep 11, 2026 | $431.55 | $435.37 | $428.90 | $433.24 | 10.64M |
| Sep 10, 2026 | $426.44 | $432.5299 | $424.05 | $428.03 | 8.37M |
| Sep 9, 2026 | $434.46 | $439.40 | $431.87 | $435.36 | 7.5M |
| Sep 8, 2026 | $438.02 | $444.29 | $433.72 | $439.00 | 13.09M |
| Sep 4, 2026 | $421.88 | $429.82 | $419.42 | $428.91 | 12.28M |
Latest TSM news
The latest Smart Investors Daily articles mentioning TSM.
Stock researchCompany · Overview
Company
Market Activity
Research & News
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.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $361.25
- Implied upside
- —
- Analysts
- 43
| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 28, 2020 | New Street | Buy | — |
| Jul 24, 2020 | Macquarie | Outperform | — |
| Dec 17, 2019 | China Renaissance | Buy | — |
| Sep 30, 2019 | Goldman Sachs | Buy | — |
| Sep 5, 2019 | Morgan Stanley | Overweight | — |
News briefing
No generated briefing is available yet.
Benzinga · Oct 2, 2026
Taiwan Semiconductor Stock Rises on Broadcom's $60 Billion Chip Deal
Taiwan Semiconductor Manufacturing shares are trading higher Friday alongside the broader chip sector on Broadcom's AI chip financing plans.
Yahoo · Oct 2, 2026
Nvidia and Micron Can't Make AI Chips Without This Growth Stock. Here's Why It Could Soar.
This company might be considered the AI gatekeeper.
SeekingAlpha · Oct 2, 2026
TSMC: Resolving The Valuation Conundrum
TSMC's operational leverage is largely maximized, but its indispensable supply chain position underpins confidence. See why TSM stock is a strong buy.
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) has demonstrated strong momentum across multiple timeframes, per SID market data. The stock trades at $472.78, reflecting a one-month gain of 13.79% and a remarkable one-year return of 63.89%. Over the three-month window, TSM has posted a 4.65% gain. The stock currently trades well above both its 50-day moving average of $424.90 and its 200-day moving average of $387.24, indicating sustained bullish technical positioning. However, the 14-day relative strength index stands at 85.7, placing TSM firmly in overbought territory and suggesting elevated short-term momentum. According to Massive/Polygon data, average daily trading volume is approximately 12.97 million shares. TSM carries a beta of 1.267, indicating higher volatility relative to the broader market. The company's market capitalization stands at approximately $1.58 trillion, solidifying its position among the world's most valuable semiconductor firms.
Taiwan Semiconductor Manufacturing Company Limited Valuation Analysis
Taiwan Semiconductor Manufacturing Company Limited currently trades at a price-to-earnings ratio of 26.20, per SID market data, reflecting a premium valuation consistent with its dominant position in the global semiconductor foundry market. The PEG ratio stands at 2.28, according to SEC filings, suggesting the stock's valuation exceeds its earnings growth rate on a one-to-one basis. TSM's price-to-book ratio of 8.35 indicates investors are paying a significant premium over the company's book value, characteristic of capital-intensive technology leaders with high return profiles. The company offers a modest dividend yield of 1.29%, providing a limited but steady income component for shareholders. Within the broader technology sector, TSM's valuation metrics reflect the market's pricing of its near-monopolistic position in advanced chip manufacturing. The $1.58 trillion market capitalization underscores TSM's standing as one of the most highly valued companies globally across all sectors.
Smart Money Activity for TSM
Smart money indicators for Taiwan Semiconductor Manufacturing Company Limited present a bullish composite picture, with an overall smart money score of 76, per SID market data. The institutional component scores a robust 23.0 out of 25, reflecting strong conviction among major asset managers and hedge funds. Congressional trading activity scores 18.4 out of 25, indicating notable positioning by U.S. lawmakers in TSM shares. According to SEC Form 4 filings, insider activity has been decisively one-directional, with 20 insider transactions recorded over the past 90 days — all 20 classified as purchases with zero sells. The insider sub-score registers a perfect 25 out of 25, representing unanimous buying conviction among company executives and directors. Dark pool activity scores a comparatively modest 9.2 out of 25, suggesting less pronounced institutional block trading in off-exchange venues. The convergence of strong insider buying, high institutional scores, and elevated congressional activity collectively generates the bullish smart money signal currently assigned to TSM.
Taiwan Semiconductor Manufacturing Company Limited Earnings Outlook
Taiwan Semiconductor Manufacturing Company Limited has delivered consistent earnings beats in its most recent reported quarters, according to company earnings reports. In the quarter reported on April 16, 2026, TSM posted earnings per share of $3.49 against a consensus estimate of $3.31, representing a positive surprise of $0.18. The subsequent quarter reported on July 16, 2026, showed an even stronger beat, with actual EPS of $4.31 versus the $3.77 estimate — a $0.54 positive surprise. Per analyst estimates, the upcoming quarter carries an EPS estimate of $3.27, with results expected around April 20, 2026. Looking further ahead, the consensus estimate for the October 15, 2026 reporting period stands at $4.45. The trajectory of rising estimates reflects expectations for continued demand strength driven by artificial intelligence chip manufacturing. TSM's pattern of exceeding Wall Street expectations across consecutive quarters underscores the company's operational execution.
Wall Street Analyst Ratings for TSM
Wall Street analyst coverage of Taiwan Semiconductor Manufacturing Company Limited has historically reflected a bullish consensus, per SID consensus data. Notable ratings actions include Goldman Sachs reiterating a Buy rating, while Morgan Stanley upgraded TSM to Overweight from Equal-Weight, signaling increased conviction in the company's growth trajectory. Macquarie upgraded its rating to Outperform from Neutral, and China Renaissance moved from Hold to Buy, according to Wall Street analyst reports. New Street Research initiated coverage with a Buy rating, adding another bullish voice to the consensus. Across the five most recent tracked analyst actions, all five carry positive or upgraded designations, with zero downgrades or sell recommendations recorded. The unanimity among major global investment banks — including Goldman Sachs and Morgan Stanley — reflects broad institutional confidence in TSM's competitive positioning in advanced semiconductor manufacturing. The consistent pattern of upgrades and Buy initiations aligns with TSM's strong fundamental performance and dominant market share in leading-edge chip fabrication.
