SeekingAlpha · Nov 3, 2026
AMD Soars After Huge Guidance News
AMD Q3 earnings beat highlights surging data center growth, Q4 revenue acceleration, and valuation risks vs. Nvidia. Click to read more about the AMD stock.
TS
NYSE · TSM
Taiwan Semiconductor Manufacturing Company Limited
Technology · Semiconductors
$398.63
Up+$6.17 (+1.55%)
Updated Nov 4, 2026, 1:54 AM
SID Score
6.5/10
Composite research score
Smart Money
72/100
Bullish
- Market cap
- 1.58T
- P/E ratio
- 26.2
- Dividend yield
- 1.18%
- 52-week range
- $266.82 – $487.47
- Volume
- 13.19M
- Avg. volume
- 12.97M
Price performance · TSM
TSM price history
1M range · 20 trading sessions · Daily adjusted prices
Prices through Nov 2, 2026
TSM closed at $398.63 after 20 trading sessions, down 17.35% for the selected period.
- Last close
- $398.63
- Period change
- -17.35%
- Period low
- $398.63
- Period high
- $482.30
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Nov 2, 2026 | $412.52 | $414.76 | $398.29 | $398.63 | 13.19M |
| Oct 30, 2026 | $414.08 | $418.0895 | $400.12 | $406.13 | 21.97M |
| Oct 29, 2026 | $431.69 | $436.24 | $428.43 | $431.81 | 8.47M |
| Oct 28, 2026 | $438.24 | $440.879 | $436.84 | $439.51 | 8.04M |
| Oct 27, 2026 | $427.16 | $438.58 | $426.00 | $436.87 | 9.02M |
| Oct 26, 2026 | $418.07 | $428.85 | $417.72 | $424.37 | 9.63M |
| Oct 23, 2026 | $412.29 | $421.31 | $411.11 | $418.51 | 9.49M |
| Oct 22, 2026 | $419.39 | $421.9099 | $410.22 | $412.35 | 16.48M |
| Oct 21, 2026 | $433.14 | $435.16 | $423.74 | $431.89 | 10.72M |
| Oct 20, 2026 | $416.29 | $428.2139 | $416.12 | $425.08 | 12.54M |
| Oct 19, 2026 | $421.66 | $427.1599 | $415.5001 | $420.22 | 12.35M |
| Oct 16, 2026 | $421.22 | $421.50 | $410.58 | $412.61 | 16.68M |
| Oct 15, 2026 | $415.17 | $423.66 | $407.13 | $422.25 | 22.45M |
| Oct 14, 2026 | $436.25 | $440.39 | $428.06 | $430.00 | 15.17M |
| Oct 13, 2026 | $439.515 | $445.495 | $437.40 | $445.12 | 8.59M |
| Oct 12, 2026 | $453.55 | $454.40 | $444.35 | $444.35 | 8.87M |
| Oct 9, 2026 | $464.21 | $464.83 | $449.75 | $453.31 | 9.24M |
| Oct 8, 2026 | $466.32 | $471.19 | $452.88 | $457.99 | 13.42M |
| Oct 7, 2026 | $472.60 | $475.7992 | $471.30 | $472.20 | 7.3M |
| Oct 6, 2026 | $484.23 | $486.00 | $481.48 | $482.30 | 8.35M |
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.
SeekingAlpha · Nov 3, 2026
TSMC Is Down 18%: The 2nm Ramp Should Change That
Taiwan Semiconductor Manufacturing Company delivered a strong Q3, beating top-end revenue guidance by $920 million. I rate TSM stock as Buy. Read my full analysis.
Yahoo · Nov 3, 2026
Apple suppliers split in Asia as strong iPhone sales meet rising memory costs
Investing.com -- Shares of Apple-linked suppliers traded unevenly across Asia on Tuesday, with South Korean component and memory-chip makers falling while some Chinese manufacturers advanced.
Yahoo · Nov 2, 2026
Top Stock Picks for Week of November 2, 2026
An IT Services Stock with Robust Price Upside Potential and a Semiconductor Stock Outperforming its Sector.
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 $398.63, reflecting a decline of 11.56% over the trailing one-month period, per SID market data. Despite this near-term weakness, the stock has delivered a robust 33.12% gain over the past twelve months, while the three-month return registered flat at 0.0%. From a technical standpoint, TSM is currently trading below both its 50-day moving average of $434.92 and approaching its 200-day moving average of $400.24, according to Massive/Polygon data. The 14-day relative strength index stands at 35.6, placing the stock near oversold territory. TSM 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 substantial liquidity for the $1.58 trillion market capitalization company within the technology sector.
Taiwan Semiconductor Manufacturing Company Limited Valuation Analysis
Taiwan Semiconductor Manufacturing Company Limited currently trades at a price-to-earnings ratio of 26.20, according to SID market data, reflecting a premium valuation consistent with its dominant position in advanced semiconductor fabrication. The company's PEG ratio stands at 2.28, per SEC filings, suggesting the stock is priced above its earnings growth rate on a relative basis. TSM's price-to-book ratio of 8.35 indicates investors are paying a significant premium over the company's net asset value, a characteristic common among capital-light technology leaders with strong return-on-equity profiles. The company maintains a dividend yield of 1.29%, providing modest income to shareholders alongside capital appreciation potential. With a market capitalization of approximately $1.58 trillion, TSM ranks among the most valuable semiconductor companies globally. These valuation metrics position TSM at the higher end of its peer group within the technology sector.
Smart Money Activity for TSM
Smart money indicators for Taiwan Semiconductor Manufacturing Company Limited reflect a bullish posture, with a composite smart money score of 72, according to SID market data. Insider activity has been notably one-directional, with 20 insider transactions recorded over the past 90 days — all classified as purchases with zero sells — per SEC Form 4 filings. This unanimously positive insider buying pattern contributed to an insider score of 21 out of 25. Institutional positioning is similarly strong, registering a score of 23 out of 25 based on 13F institutional filings, indicating sustained accumulation by large asset managers. Congressional trading activity scored 19.2 out of 25, suggesting elevated interest from legislators' disclosed portfolios. The dark pool score registered at 9 out of 25, reflecting comparatively lower activity in off-exchange venues. The convergence of insider buying and institutional accumulation underscores broad conviction among sophisticated market participants regarding TSM's forward trajectory.
Taiwan Semiconductor Manufacturing Company Limited Earnings Outlook
Taiwan Semiconductor Manufacturing Company Limited has demonstrated a consistent pattern of earnings beats across its most recently reported quarters, according to company earnings reports. In the most recent quarter reported on October 15, TSM posted earnings per share of $4.60 against analyst estimates of $4.45, representing a positive surprise of $0.15. The prior quarter saw a more pronounced beat, with actual EPS of $4.31 exceeding the consensus estimate of $3.77 by $0.54, or approximately 14.3%. The quarter reported on April 16 also delivered upside, with $3.49 in actual EPS surpassing the $3.31 estimate by $0.18. Looking ahead, analysts project EPS of $3.27 for the upcoming reporting period, per analyst estimates. The sequential growth trajectory from $3.49 to $4.31 to $4.60 in reported EPS illustrates accelerating earnings momentum, with TSM beating consensus in all three completed quarters.
Wall Street Analyst Ratings for TSM
Wall Street coverage of Taiwan Semiconductor Manufacturing Company Limited has reflected a consistently positive bias across major investment banks, per Wall Street analyst reports. New Street initiated coverage with a Buy rating, while Macquarie upgraded its assessment from Neutral to Outperform, signaling growing confidence in TSM's competitive positioning. Goldman Sachs reiterated its Buy rating, maintaining a constructive view on the company's long-term fundamentals. Morgan Stanley upgraded TSM from Equal-Weight to Overweight, and China Renaissance similarly raised 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 positive-equivalent ratings, with no downgrades or negative revisions recorded. This unanimous bullish consensus among analysts from diverse global institutions reflects broad agreement on TSM's foundational role in the semiconductor supply chain and its capacity to sustain earnings growth amid rising demand for advanced chip fabrication.
