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Added to YB: 2026-01-08

Pitch date: 2026-01-06

TSM [neutral;]

Taiwan Semiconductor Manufacturing Company Limited

+1.2%

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 43.4T

Pitch Price

TWD 1.7K

Price Target

N/A

Dividend

1.01%

EV/EBITDA

16.74

P/E

27.63

EV/Sales

11.50

Sector

Semiconductors and Semiconductor Equipment

Category

N/A

Show full summary:
To Sell or Not To Sell (TSMC Edition)

TSM (trimming position): Held 5+ yrs from $50, up 500%+ but selling half due to AI bubble concerns & China invasion risk. P/E 31x with >50% earnings from HPC/AI which may be unsustainable per bear case analysis. Price doubled in 9mo while AI lacks viable business models. Great company but can't justify buying at current levels.

Read full article (6 min)