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Added to YB: 2026-07-20

Pitch date: 2026-07-16

TSM [neutral]

Taiwan Semiconductor Manufacturing Company Limited

Author Info

JP Insights is analyzing the companies powering AI’s physical layer — semiconductors, datacenters, energy, and robotics. Focused on innovation-driven value and long-term reinvestment efficiency. Sign up for the newsletter.

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 59.4T

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

17.87

P/E

26.79

EV/Sales

12.81

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
TSMC Q2 2026 Review

TSM (earnings): Q2'26 rev $40.2B (+36% YoY), GM 67.7%, OM 60.3%, OI +65%. HPC 66% of rev (+20% QoQ). Net income +77% inflated by NT$63.2B Vanguard gain. Capex raised to $60-64B (from $52-56B); 2026 rev seen +40%. Wei: demand-supply gap 'very big,' packaging now key bottleneck. Reads through to ASML, ASE/Amkor/BESI, Broadcom, power mgmt (Infineon, MPWR).

Read full article (7 min)