Taiwan Semiconductor Manufacturing (NYSE:TSM) Shares Up 2.3% – Here’s Why

Posted by George Bondi on Jun 4th, 2026

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Get Free Report) shares were up 2.3% during trading on Tuesday . The company traded as high as $449.39 and last traded at $446.0920. Approximately 18,003,112 shares were traded during trading, an increase of 45% from the average daily volume of 12,403,728 shares. The stock had previously closed at $436.0010.

Key Taiwan Semiconductor Manufacturing News

Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:

Positive Sentiment: Bernstein and Bank of America remained bullish on TSMC, citing its leadership in advanced chips for AI and raising confidence in earnings growth. Bernstein and BofA Remain Bullish on TSMC (TSM) Amid AI and Advanced Node Leadership
Positive Sentiment: Analyst coverage continues to frame TSMC as a core AI beneficiary, with a 12-month consensus price target around $500 and expectations that hyperscaler AI buildouts will keep demand strong. The One Company Every AI Giant Cannot Build Without Just Raised Its Outlook
Positive Sentiment: Reports that TSMC is in or near buy zones and outperforming the broader market may be reinforcing investor interest in the name. TSMC (TSM) Beats Stock Market Upswing: What Investors Need to Know
Positive Sentiment: AI-related enthusiasm across the semiconductor sector has lifted Taiwanese chip stocks, with comments from Nvidia’s CEO highlighting optical connectivity and infrastructure bottlenecks that could support foundry demand. Fresh AI Buzz Powers Taiwan Stocks Even Higher
Neutral Sentiment: Several articles focused on TSMC being heavily owned by hedge funds or included in stock screens, which reinforces institutional interest but does not add a major new catalyst. Taiwan Semiconductor (TSM): One of the Most Owned Stocks by Hedge Funds?
Neutral Sentiment: General “best manufacturing stocks” coverage is supportive background noise, but it is not a clear TSMC-specific driver. Best Manufacturing Stocks To Follow Now – May 31st
Neutral Sentiment: Broader Nvidia-related news is helping sentiment around the AI chip ecosystem, but it is an indirect benefit for TSMC rather than a direct company update. Nvidia CEO Pitches ‘Insane’ AI Returns to Billionaire Families

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Zacks Research cut Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Weiss Ratings upgraded shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 20th. Barclays raised their target price on shares of Taiwan Semiconductor Manufacturing from $450.00 to $470.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Sunday, March 22nd. Finally, Needham & Company LLC upped their price target on shares of Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the company a “buy” rating in a report on Thursday, April 16th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $404.29.

Check Out Our Latest Report on Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Stock Down 2.0%

The company has a debt-to-equity ratio of 0.16, a current ratio of 2.49 and a quick ratio of 2.31. The firm’s 50-day moving average is $384.51 and its 200 day moving average is $346.12. The stock has a market cap of $2.27 trillion, a price-to-earnings ratio of 36.41, a price-to-earnings-growth ratio of 1.30 and a beta of 1.38.

Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $3.11 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 46.97% and a return on equity of 36.81%. The company had revenue of $30.65 billion for the quarter. Sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.28 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be issued a $1.1136 dividend. The ex-dividend date is Wednesday, September 16th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. This represents a $4.45 dividend on an annualized basis and a yield of 1.0%. Taiwan Semiconductor Manufacturing’s payout ratio is 24.71%.

Insider Transactions at Taiwan Semiconductor Manufacturing

In other news, VP Bor-Zen Tien acquired 2,000 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were bought at an average cost of $69.91 per share, for a total transaction of $139,820.00. Following the acquisition, the vice president directly owned 11,051 shares in the company, valued at $772,575.41. This trade represents a 22.10% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Tzu-Sou Chuang sold 200,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $69.83, for a total value of $13,966,000.00. Following the completion of the transaction, the vice president directly owned 2,495,165 shares in the company, valued at $174,237,371.95. This represents a 7.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have acquired 3,346 shares of company stock valued at $218,005. 1.11% of the stock is owned by company insiders.

Institutional Trading of Taiwan Semiconductor Manufacturing

Institutional investors and hedge funds have recently bought and sold shares of the business. Quattro Advisors LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at $27,000. Stephens Consulting LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 82.0% during the 4th quarter. Stephens Consulting LLC now owns 91 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 41 shares in the last quarter. Strategic Advocates LLC boosted its position in Taiwan Semiconductor Manufacturing by 62.1% during the 4th quarter. Strategic Advocates LLC now owns 94 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 36 shares during the period. Finally, Ares Financial Consulting LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter worth $29,000. Institutional investors and hedge funds own 16.51% of the company’s stock.

About Taiwan Semiconductor Manufacturing

(Get Free Report)

Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry that provides wafer fabrication and related services to the global semiconductor industry. Founded in 1987 by Morris Chang and headquartered in Hsinchu, Taiwan, TSMC manufactures integrated circuits on behalf of fabless and integrated device manufacturers, offering contract chip production across a broad set of technologies and products.

TSMC’s service offering covers logic and mixed-signal process technologies, specialty processes for radio-frequency, power management and embedded memory, and advanced nodes used in mobile, high-performance computing and AI applications.