Added to YB: 2026-07-06
Pitch date: 2026-07-02
TSM [bullish]
Taiwan Semiconductor Manufacturing Company Limited
+0.9%
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 63.4T
Pitch Price
TWD 447.77
Price Target
759.00 (+68%)
Dividend
0.90%
EV/EBITDA
21.34
P/E
33.22
EV/Sales
14.90
Sector
Semiconductors and Semiconductor Equipment
Category
growth
TSMC – The Kingmaker of the AI Age $TSM
TSM: Pure-play foundry monopoly (90%+ leading-edge, 70% foundry). Q1'26 rev $35.9B (+40.6% YoY), net margin 50.5%, ROE 40.5%; guides 30%+ 2026 growth. Neutral AI 'toll-collector'—Nvidia now top customer. Fair 23x PE on ~26% EPS CAGR = ~$759 base (+71%), ~22% ann. return, 3yr. Risks: Taiwan geopolitics, Nvidia 22% concentration, AI capex cycle, 2nm margin dilution. Sentiment-driven dip.
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