Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Get Free Report)’s share price fell 1.9% during trading on Thursday. The company traded as low as $428.43 and last traded at $431.1820. Approximately 8,257,932 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 12,995,379 shares. The stock had previously closed at $439.51.
Key Headlines Impacting Taiwan Semiconductor Manufacturing
Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:
- Positive Sentiment: TSMC’s advanced packaging remains in very high demand. Reports that the company may raise CoWoS prices by as much as 20%, alongside potential 3%–6% wafer price increases, point to strong capacity utilization and pricing power with major customers such as Nvidia and AMD. TSMC Gains 3% on Reported 20% Price Hike for AI Chip Packaging
- Positive Sentiment: Recent coverage continues to highlight TSMC as a key beneficiary of the AI infrastructure cycle. Third-quarter revenue increased 41.2%, while AI chip demand and the ramp of 2-nanometer production support the company’s growth outlook. Beyond NVIDIA: Why TSMC Stock Looks Attractive After Q3 Earnings
- Positive Sentiment: Bell Global Equities Fund continues to favor TSMC, reflecting institutional confidence in its competitive position and exposure to long-term semiconductor growth. Other commentary also describes TSMC as a “toll road” for the AI economy and a potential long-term AI winner. Why Bell Global Equities Fund Continues to Favor TSM
- Neutral Sentiment: Taiwan’s semiconductor industry association backed a government review of potentially restarting nuclear power plants. More reliable or lower-cost electricity could benefit TSMC’s energy-intensive fabs, although the review does not represent an immediate change in operations. Taiwan Semiconductor Industry Group Backs Nuclear Review
- Negative Sentiment: A Seeking Alpha article titled “TSMC: The Cracks Are Showing” introduces a more cautious narrative, likely contributing to investor concern about execution, spending or the durability of current growth. The company’s elevated valuation may make the stock more sensitive to such doubts. TSMC: The Cracks Are Showing
Analyst Ratings Changes
A number of equities analysts have weighed in on the stock. Zacks Research upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 7th. Weiss Ratings raised shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b)” rating in a report on Wednesday, October 21st. Stifel Nicolaus started coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, September 1st. They issued a “buy” rating and a $515.00 target price for the company. Finally, Barclays upped their price objective on shares of Taiwan Semiconductor Manufacturing from $665.00 to $670.00 and gave the company an “overweight” rating in a research note on Friday, October 16th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing has a consensus rating of “Buy” and a consensus target price of $528.78.
Check Out Our Latest Stock Analysis on TSM
Taiwan Semiconductor Manufacturing Price Performance
The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46. The stock has a market cap of $2.24 trillion, a PE ratio of 27.75, a PEG ratio of 0.85 and a beta of 1.37. The stock’s 50-day moving average is $434.85 and its two-hundred day moving average is $398.58.
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last released its quarterly earnings results on Thursday, October 15th. The semiconductor company reported $4.60 EPS for the quarter, topping analysts’ consensus estimates of $4.45 by $0.15. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. The company had revenue of $46.72 billion for the quarter, compared to analysts’ expectations of $45.67 billion. During the same period in the prior year, the firm earned $2.92 earnings per share. The firm’s revenue was up 41.2% compared to the same quarter last year. On average, equities analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.07 earnings per share for the current year.
Taiwan Semiconductor Manufacturing Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be paid a dividend of $1.0854 per share. This represents a $4.34 dividend on an annualized basis and a yield of 1.0%. This is a drop from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. The ex-dividend date is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s payout ratio is currently 22.27%.
Insider Buying and Selling
In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien bought 1,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were purchased at an average cost of $73.06 per share, with a total value of $73,060.00. Following the purchase, the vice president directly owned 14,051 shares in the company, valued at approximately $1,026,566.06. This represents a 7.66% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Lipen Yuan purchased 1,000 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were bought at an average price of $74.50 per share, for a total transaction of $74,500.00. Following the acquisition, the vice president owned 6,000 shares in the company, valued at $447,000. This trade represents a 20.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 7,043 shares of company stock valued at $530,986 in the last 90 days. Company insiders own 1.11% of the company’s stock.
Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing
Several large investors have recently bought and sold shares of the business. Cooper Financial Group grew its position in shares of Taiwan Semiconductor Manufacturing by 0.3% in the 3rd quarter. Cooper Financial Group now owns 6,313 shares of the semiconductor company’s stock valued at $2,880,000 after buying an additional 22 shares during the last quarter. Dickmeyer Boyce Financial Management Inc. raised its stake in Taiwan Semiconductor Manufacturing by 0.7% during the 3rd quarter. Dickmeyer Boyce Financial Management Inc. now owns 3,459 shares of the semiconductor company’s stock worth $1,578,000 after acquiring an additional 23 shares in the last quarter. Whelan Financial lifted its position in Taiwan Semiconductor Manufacturing by 2.3% in the third quarter. Whelan Financial now owns 1,040 shares of the semiconductor company’s stock valued at $474,000 after acquiring an additional 23 shares during the last quarter. Plan A Wealth LLC lifted its position in Taiwan Semiconductor Manufacturing by 0.9% in the third quarter. Plan A Wealth LLC now owns 2,735 shares of the semiconductor company’s stock valued at $1,248,000 after acquiring an additional 24 shares during the last quarter. Finally, Twin City Private Wealth LLC boosted its stake in Taiwan Semiconductor Manufacturing by 0.3% in the first quarter. Twin City Private Wealth LLC now owns 7,315 shares of the semiconductor company’s stock valued at $2,479,000 after acquiring an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.
Taiwan Semiconductor Manufacturing Company Profile
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a dedicated semiconductor foundry headquartered in Hsinchu, Taiwan. The company manufactures integrated circuits for customers that design their own chips, allowing semiconductor, electronics, and technology companies to outsource production rather than operate their own fabrication facilities.
TSMC provides wafer fabrication services across a broad range of process technologies, including advanced nodes used in high-performance computing, smartphones, automotive systems, and artificial intelligence applications.
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