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Added to YB: 2026-08-11

Pitch date: 2026-08-07

TSM [bullish]

Taiwan Semiconductor Manufacturing Company Limited

-0.44%

current return

Author Info

TacticzHazel is a Long-Term Investor with a Value Mindset - Self-taught Investor with a Focus on Quality Fundamental Analyses in every Corner of the Market. 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 61.5T

Pitch Price

TWD 420.34

Price Target

550.00 (+31%)

Dividend

0.93%

EV/EBITDA

18.54

P/E

27.72

EV/Sales

13.28

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
Taiwan Semiconductor Manufacturing (TSMC) - Deep Dive

TSM: World's dominant chip foundry, 73% pure-play share, ~90% advanced-node. Q2-26 rev $40.2B (+33.7% YoY), 67.7% GM, 55.6% net margin; FY26 guide >40% growth. Net cash $65-70B, ROIC 40%+. Fwd P/E 21x vs ASML 30x on China discount. Risks: China blockade, margin compression from 2nm ramp/overseas fabs, $200B+ capex, hyperscaler concentration. Weighted CAGR ~17.7%; author long, may add on dips.

Read full article (26 min)