Added to YB: 2025-10-21
Pitch date: 2025-10-17
TSM [neutral]
Taiwan Semiconductor Manufacturing Company Limited
+1.71%
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 1.5K
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
TSMC 3Q25 Earnings: The Sandbagging Monopolist
TSM (earnings): TSMC's 'weak' guidance is strategic sandbagging - controls sub-7nm monopoly with 2-3 year customer lock-ins paying 50% more per wafer. AI demand 'more stronger' than expected, growing exponentially every 3 months. Maintains controlled scarcity to sustain pricing power while warning of 2-3% margin dilution from Arizona expansion that margins consistently beat.
Read full article (6 min)