Added to YB: 2026-01-22
Pitch date: 2026-01-20
TSM [bullish]
Taiwan Semiconductor Manufacturing Company Limited
+9.74%
current return
Author Info
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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 49.7T
Pitch Price
TWD 1.7K
Price Target
N/A
Dividend
0.89%
EV/EBITDA
18.11
P/E
28.91
EV/Sales
12.50
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Taiwan Semiconductor Manufacturing Company (TSMC)
TSM (added to position): World's largest contract chipmaker, monopoly in most advanced chips (3nm-7nm = 77% revenue). Q4 beat: +35% profit, 62.3% gross margin (+330bps YoY). Guiding 25% revenue CAGR 2024-29 driven by AI demand (HPC now 55% vs 34% 18mo ago). Warning 2-4% margin dilution from overseas expansion. Trading 26x forward P/E with 32-35% ROE.
Read full article (9 min)