Professional
Added to YB: 2024-11-12
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: 60%+ foundry market share, 90%+ in leading-edge. High barriers, economies of scope, scale benefits. Double-digit earnings growth expected from market share gains, pricing power, AI demand. CEO forecasts 50% CAGR in server AI chips revenue 2022-2028, >20% of total by 2028. Long-term upside from edge AI devices.
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