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Smart Investors Daily
TS

NYSE · TSM

Taiwan Semiconductor Manufacturing Company Limited

Technology · Semiconductors

$445.12

Down-$13.30 (-2.99%)

Updated Oct 14, 2026, 5:23 PM

SID Score

7.6/10

Composite research score

Smart Money

75/100

Bullish

Market cap
1.58T
P/E ratio
26.2
Dividend yield
1.06%
52-week range
$266.82 – $487.47
Volume
8.59M
Avg. volume
12.97M

Price performance · TSM

TSM price history

1M range · 21 trading sessions · Daily adjusted prices

Prices through Oct 13, 2026

TSM closed at $445.12 after 21 trading sessions, up 7.58% for the selected period.

Last close
$445.12
Period change
+7.58%
Period low
$413.75
Period high
$485.80
Daily close
View OHLC price history
TSM OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Oct 13, 2026$439.515$445.495$437.40$445.128.59M
Oct 12, 2026$453.55$454.40$444.35$444.358.87M
Oct 9, 2026$464.21$464.83$449.75$453.319.24M
Oct 8, 2026$466.32$471.19$452.88$457.9913.42M
Oct 7, 2026$472.60$475.7992$471.30$472.207.3M
Oct 6, 2026$484.23$486.00$481.48$482.308.35M
Oct 5, 2026$478.77$487.47$476.4001$485.8010.92M
Oct 2, 2026$465.64$474.79$464.10$472.789.93M
Oct 1, 2026$457.265$460.415$453.461$459.208.22M
Sep 30, 2026$456.74$461.87$454.90$456.198.98M
Sep 29, 2026$452.27$459.43$447.07$456.949.94M
Sep 28, 2026$448.39$455.2718$443.11$452.887.87M
Sep 25, 2026$452.395$455.03$449.01$450.617.76M
Sep 24, 2026$441.80$452.56$440.60$451.157.72M
Sep 23, 2026$449.79$450.88$442.87$446.5710.18M
Sep 22, 2026$441.22$452.88$441.20$452.0011.26M
Sep 21, 2026$440.80$445.72$437.06$445.149.94M
Sep 18, 2026$429.04$434.8165$428.98$434.6712.91M
Sep 17, 2026$424.40$430.53$423.39$430.2612.45M
Sep 16, 2026$418.20$419.85$413.88$417.7210.49M
Sep 15, 2026$421.94$421.94$412.55$413.759.46M

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 · Oct 14, 2026

TSMC shares rise ahead of closely watched Q3 earnings

Investing.com-- TSMC shares rose on Wednesday, recovering a small measure of recent losses as investors awaited another round of blowout quarterly earnings from the world’s largest contract chipmaker.

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 $445.12, reflecting a robust 48.18% gain over the trailing twelve months, per SID market data. On a shorter horizon, the stock posted a 2.56% increase over the past month and a 5.70% gain over the past three months, indicating sustained positive momentum. TSM currently trades above both its 50-day moving average of $433.27 and its 200-day moving average of $392.58, positioning the stock in a technically constructive zone according to Massive/Polygon data. However, the 14-day relative strength index sits at 45.7, suggesting neither overbought nor oversold conditions at present. The stock carries a beta of 1.267, indicating higher volatility relative to the broader market. Average daily trading volume stands at approximately 12.97 million shares, supporting strong liquidity for institutional participation in this $1.58 trillion market capitalization company.

Taiwan Semiconductor Manufacturing Company Limited Valuation Analysis

TSM currently 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 stock's PEG ratio stands at 2.28, suggesting the current earnings multiple exceeds the company's projected growth rate and places TSM at the higher end of growth-adjusted valuation metrics. According to SEC filings, the price-to-book ratio registers at 8.35, indicating investors are paying a significant premium over the company's book value per share, which aligns with the capital-light fabless customer model that drives high returns on equity. TSM offers a modest dividend yield of 1.29%, providing a small income component to total shareholder returns. Within the technology sector, these valuation metrics position TSM as a premium-priced asset, reflecting the market's recognition of its dominant competitive moat in advanced chip manufacturing.

Smart Money Activity for TSM

TSM carries a composite smart money score of 75 out of 100 with a bullish signal, per SID market data. The insider activity component registers a perfect 25 out of 25, driven 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 represents a notably strong conviction signal. Institutional positioning scores 23.0 out of 25, reflecting broad accumulation among major fund managers as documented in 13F institutional filings. Congressional trading activity scores 18.4 out of 25, indicating meaningful purchase interest from members of the United States Congress. The dark pool component registers a lower score of 9.1 out of 25, suggesting relatively subdued activity in off-exchange venues. The combination of perfect insider buying and near-maximum institutional scores underscores significant confidence from informed market participants in TSM's forward trajectory.

Taiwan Semiconductor Manufacturing Company Limited Earnings Outlook

TSM has demonstrated a consistent pattern of earnings beats in its most recently reported quarters, according to company earnings reports. In the most recent reported quarter, TSM posted earnings per share of $4.31 against a consensus estimate of $3.77, delivering a positive surprise of $0.54, or approximately 14.3% above expectations. The prior reported quarter saw earnings of $3.49 per share versus the $3.31 estimate, representing a $0.18 upside surprise. Looking ahead, analyst estimates project earnings of $3.27 per share for the upcoming quarter with results expected on April 20, 2026, while the following quarter carries an estimate of $4.45 per share with a reporting date of October 15, 2026. The sequential increase in estimates from $3.27 to $4.45 reflects anticipated revenue acceleration driven by strong demand for advanced-node semiconductor manufacturing. TSM's track record of exceeding forecasts provides a constructive backdrop heading into future reporting periods.

Wall Street Analyst Ratings for TSM

Wall Street analyst coverage of TSM has maintained a consistently positive tone across multiple major investment banks, per Wall Street analyst reports. New Street Research initiated coverage with a Buy rating on August 28, 2020, establishing a bullish baseline view. Macquarie upgraded TSM to Outperform from Neutral on July 24, 2020, signaling improved confidence in the company's competitive positioning. Earlier, China Renaissance upgraded the stock to Buy from Hold on December 17, 2019, while Goldman Sachs reiterated its Buy rating on September 30, 2019, according to SID consensus data. Morgan Stanley upgraded TSM to Overweight from Equal-Weight on September 5, 2019, reflecting growing recognition of the company's dominance in advanced process nodes. Notably, all five tracked analyst actions represent either initiations at Buy, upgrades, or reiterations of bullish ratings, with zero downgrades recorded in the available coverage history. This unanimous positive sentiment across major institutions underscores broad Wall Street confidence in TSM's fundamental outlook.