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Added to YB: 2025-07-21

Pitch date: 2025-07-17

TSM [neutral]

Taiwan Semiconductor Manufacturing Company Limited

+29.08%

current return

Author Info

No bio for this author

Company Info

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally.

Market Cap

TWD 38.1T

Pitch Price

TWD 1.1K

Price Target

N/A

Dividend

1.16%

EV/EBITDA

14.61

P/E

24.25

EV/Sales

10.03

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
TSMC Q2 2025: Margin Myths Shattered, Sovereignty Validated

TSM (earnings update): Bull case probability up to 60% after Q2's 60.7% YoY profit growth, 58.6% margins despite FX/overseas headwinds. Arizona production yields match Taiwan's. Raising FY guidance to ~30% USD growth. Margin resilience despite 220bps FX & 100+bps overseas dilution headwinds shows pricing power. Revised PT: Strong buy NT$1,100-1,200.

Read full article (6 min)