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Smart Investors Daily
TS

NYSE · TSM

Taiwan Semiconductor Manufacturing Company Limited

Technology · Semiconductors

$415.50

Up+$1.50 (+0.36%)

Updated Sep 3, 2026, 2:00 AM

SID Score

7.1/10

Composite research score

Smart Money

70/100

Bullish

Market cap
1.58T
P/E ratio
26.2
Dividend yield
1.13%
52-week range
$225.63 – $479.00
Volume
6.3M
Avg. volume
12.97M

Price performance

TSM price history

1M range · 21 trading sessions · Daily adjusted prices

TSM closed at $415.50 after 21 trading sessions, up 0.36% for the selected period.

Last close
$415.50
Period change
+0.36%
Period low
$410.12
Period high
$430.97
Daily close
View OHLC price history
TSM OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Sep 2, 2026$413.20$416.50$411.27$415.506.3M
Sep 1, 2026$417.80$418.62$412.065$414.007.93M
Aug 31, 2026$417.23$423.80$414.6001$415.326.75M
Aug 28, 2026$427.49$429.12$417.32$417.528.9M
Aug 27, 2026$423.015$429.64$420.53$427.3012.75M
Aug 26, 2026$418.45$420.75$414.41$417.697.45M
Aug 25, 2026$414.585$419.7695$414.03$417.417.05M
Aug 24, 2026$413.87$414.34$405.15$410.1210.65M
Aug 21, 2026$423.015$425.68$416.70$418.958.95M
Aug 20, 2026$408.60$417.96$407.7183$416.0010.45M
Aug 19, 2026$418.13$419.60$407.88$412.098.42M
Aug 18, 2026$417.00$419.63$410.765$413.4114.03M
Aug 17, 2026$429.97$435.71$426.80$430.979.48M
Aug 14, 2026$429.20$429.2699$424.10$426.356.32M
Aug 13, 2026$429.15$436.04$428.3922$430.498.19M
Aug 12, 2026$432.65$433.28$427.02$429.159.53M
Aug 11, 2026$424.20$424.90$418.87$422.069.7M
Aug 10, 2026$420.34$425.88$416.00$418.4711.78M
Aug 7, 2026$424.79$424.79$413.10$420.049.16M
Aug 6, 2026$409.54$423.91$407.99$418.2010.63M
Aug 5, 2026$419.32$426.30$413.0701$414.0012.79M

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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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 trade at $414, reflecting a 74.31% gain over the trailing twelve months, per SID market data. Despite strong annual performance, shorter-term momentum has weakened, with the stock declining 4.66% over three months while posting a modest 2.74% gain over the past month. TSM currently trades below its 50-day moving average of $422.50 but remains well above its 200-day moving average of $370.23, according to Massive/Polygon technical data. The 14-day relative strength index registers at 45.8, indicating neutral momentum without oversold or overbought conditions. The stock carries a beta of 1.267, suggesting higher volatility relative to the broader market. Average daily trading volume stands at approximately 12.97 million shares, supporting robust liquidity for the $1.58 trillion market capitalization company within the technology sector.

Taiwan Semiconductor Manufacturing Company Limited Valuation Analysis

TSM trades at a price-to-earnings ratio of 26.20, reflecting a premium valuation consistent with its position as the world's leading semiconductor foundry, per SID market data. The PEG ratio stands at 2.28, suggesting the stock is priced above its earnings growth rate on a relative basis. The price-to-book ratio registers at 8.35, indicating significant market premium over the company's book value, according to SEC filings. TSM offers a dividend yield of 1.29%, providing modest income to shareholders alongside capital appreciation potential. With a market capitalization of approximately $1.58 trillion, the company ranks among the most valuable technology firms globally. These valuation metrics position TSM at a premium relative to the broader semiconductor industry, reflecting the company's dominant market share in advanced chip manufacturing and its critical role in global semiconductor supply chains for artificial intelligence and high-performance computing applications.

Smart Money Activity for TSM

TSM registers a smart money score of 70 with a bullish signal, per SID market data. Insider activity has been notably positive, with 18 insider buys versus only 2 insider sells across 20 transactions recorded in the last 90 days, according to SEC Form 4 filings. The insider sub-score stands at a perfect 25 out of 25, reflecting strong conviction from company leadership. Institutional positioning also demonstrates confidence, scoring 23.0 out of 25 per 13F institutional filings, indicating substantial accumulation by major fund managers. Dark pool activity scores a more modest 9.1 out of 25, suggesting relatively lower off-exchange institutional interest in recent periods. Congressional trading activity registers at 12.8 out of 25, showing moderate engagement from political stakeholders. The combination of near-perfect insider and institutional scores, driven heavily by the strong insider buying ratio of 9-to-1, contributes to the overall bullish smart money signal for TSM shares.

Taiwan Semiconductor Manufacturing Company Limited Earnings Outlook

TSM has demonstrated a consistent pattern of exceeding analyst expectations across recent quarters, according to company earnings reports. In the most recent reported quarter ending July 2026, the company posted earnings per share of $4.31, surpassing the consensus estimate of $3.77 by $0.54, representing a 14.3% positive surprise. The prior quarter showed EPS of $3.49 against an estimate of $3.31, a $0.18 beat. In the January 2026 quarter, TSM reported $3.14 per share versus the $2.79 estimate, exceeding expectations by $0.35. The earnings trajectory reveals sequential quarterly growth from $3.14 to $3.49 to $4.31, demonstrating accelerating momentum per analyst estimates. Looking ahead, analysts project $3.27 EPS for the upcoming quarter with results expected on April 20, 2026. The sustained pattern of upward earnings surprises across three consecutive quarters reflects strong operational execution and robust demand for advanced semiconductor manufacturing.

Wall Street Analyst Ratings for TSM

Wall Street coverage of TSM reflects uniformly positive sentiment across major investment banks, per Wall Street analyst reports. New Street initiated coverage with a Buy rating in August 2020, while Macquarie upgraded the stock from Neutral to Outperform in July 2020, signaling growing institutional confidence. Goldman Sachs reiterated its Buy rating in September 2019, maintaining long-term conviction in the company's growth trajectory. Morgan Stanley upgraded TSM from Equal-Weight to Overweight in September 2019, and China Renaissance elevated its rating from Hold to Buy in December 2019, according to SID consensus data. Notably, the available analyst actions show exclusively positive directional moves, with three upgrades and two initiations or reiterations at Buy-equivalent levels. No downgrades appear in the coverage history, underscoring sustained confidence in TSM's competitive positioning. The consensus view across these five major firms reflects alignment on the company's fundamental strength as the dominant advanced semiconductor manufacturer globally.