Professional
Added to YB: 2024-05-07
Pitch date: 2024-03-31
TSM [bullish]
Taiwan Semiconductor Manufacturing Company Limited
+116.64%
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 134.80
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 Opportunity Fund New Portfolio Holding: Taiwan Semiconductor Manufacturing Company Limited
TSM: World's top foundry, 60% market share, near monopoly in advanced chips. Virtuous cycle: scale advantage funds R&D and capex, enabling tech differentiation and capacity growth, driving further share gains. Strong double-digit earnings growth expected from AI/HPC chip demand. Geopolitical risk low.
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