Professional
Added to YB: 2024-11-01
Pitch date: 2024-09-30
TSM [bullish]
Taiwan Semiconductor Manufacturing Company Limited
+68.75%
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 173.06
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
Baron Global Advantage Fund New Position: Taiwan Semiconductor Manufacturing Company Limited
TSM: World's largest semiconductor foundry (60%+ market share, 90%+ in leading-edge). High barriers, economies of scale & scope. Expected double-digit earnings growth from AI demand (50% CAGR in server AI chips 2022-2028), market share gains, pricing power. Long-term upside from edge AI devices.
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