
Taiwan Semiconductor Manufacturing Company Limited
TSMNYSETechnologySemiconductors
Previous close
$418.95
+$2.95 · +0.71%
TSM company overview
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GoAI snapshot
AI-powered factor overview
GoAI score
Buy
Favorable setup — positive multi-factor alignment
Valuation
78
Undervalued
Momentum
58
Neutral
Sentiment
78
Bullish
Risk resilience
57
Elevated Risk
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Company profile
Company websiteTaiwan Semiconductor Manufacturing Company Limited (TSMC), along with its affiliated entities, operates globally in the semiconductor industry, specializing in the manufacturing, packaging, meticulous testing, and worldwide distribution of integrated circuits and other crucial semiconductor components. Its expansive international presence covers key markets such as Taiwan, China, Europe, the Middle East, Africa, Japan, and the United States. The company is renowned for its diverse array of wafer fabrication processes. These capabilities enable the production of various advanced semiconductor types, including complementary metal-oxide-semiconductor (CMOS) logic, mixed-signal devices, radio frequency components, embedded memory, and bipolar CMOS mixed-signal circuits. Beyond its core foundry services, TSMC extends its offerings to include dedicated customer and engineering support. It also undertakes the production of specialized masks, actively invests in burgeoning technology startups, and manages the entire lifecycle—from research and development through to manufacturing, packaging, testing, and sales—of color filters. Furthermore, the company provides a range of investment services. TSMC's cutting-edge products are indispensable across numerous sectors, powering high-performance computing, modern smartphones, Internet of Things (IoT) ecosystems, sophisticated automotive systems, and a broad spectrum of digital consumer electronics. Established in 1987, the enterprise is officially headquartered in Hsinchu City, Taiwan.
- Industry
- Semiconductors
- Sector
- Technology
- Headquarters
- TW
- CEO
- C. C. Wei
- Listed since
- Oct 9, 1997
- Employees
- 65,152
Market position
Day range
Current $418.95
52-week range
Current $418.95
- Open
- $421.7
- Previous close
- $416
- Volume
- 7.42M
- 0.54× average
- Average volume
- 13.81M
- Average daily volume
- Market cap
- 2.17T USD
- Beta
- 1.39
- Market reference 1
- 50-day average
- $424.52
- -1.31% below average
- 200-day average
- $366.38
- +14.35% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 47.67T TWD
- P/E (TTM)
- 27.76×
- P/B (TTM)
- 9.65×
- P/S (TTM)
- 13.99×
- EV / EBITDA
- 17.32×
- Earnings yield
- 3.52%
- Free cash flow yield
- 2.22%
- Dividend yield
- 0.92%
Profitability & efficiency
- Gross margin
- 64.23%
- Operating margin
- 56.04%
- Net margin
- 50.38%
- Return on equity
- 32.41%
- Return on assets
- 21.88%
- Return on invested capital
- 25.10%
Financial health
- Debt / equity
- 0.15×
- Current ratio
- 2.51×
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (TWD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 3.85T TWD | 2.89T TWD | 2.16T TWD | 2.26T TWD | 1.59T TWD |
| Cost of goods sold | 1.54T TWD | 1.27T TWD | 986.63B TWD | 915.54B TWD | 767.88B TWD |
| Gross profit | 2.3T TWD | 1.62T TWD | 1.18T TWD | 1.35T TWD | 819.54B TWD |
| Research and development | 248.98B TWD | 204.18B TWD | 182.37B TWD | 163.26B TWD | 124.73B TWD |
| Selling, general, and administrative | 100.25B TWD | 96.89B TWD | 71.46B TWD | 63.45B TWD | 44.49B TWD |
| Operating expenses | 349.23B TWD | 302.3B TWD | 253.65B TWD | 227.08B TWD | 169.56B TWD |
| Interest income | 94.34B TWD | 87.21B TWD | 60.29B TWD | 22.42B TWD | 5.71B TWD |
| Interest expense | — | 10.5B TWD | 12B TWD | 11.75B TWD | 5.41B TWD |
| Depreciation and amortization | 695.22B TWD | 662.8B TWD | 532.19B TWD | 437.25B TWD | 422.39B TWD |
| Operating income | 1.96T TWD | 1.32T TWD | 921.47B TWD | 1.12T TWD | 649.98B TWD |
| Net income | 1.74T TWD | 1.16T TWD | 851.74B TWD | 992.92B TWD | 592.36B TWD |
Company facts updated Aug 24, 2026.
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Analyst price target
Average target
$589
40.59% upsideTSM news
Corporate actions
Annual dividends per share
Cash distributions grouped by calendar year; partial years are marked.
$2.7692
2025 complete year+87.1% since 2021
2026 partial: $1.8783
$1.4802
2,021
$1.4373
2,022
$1.4524
2,023
$1.8379
2,024
$2.7692
2,025
$1.8783
2,026*
* Partial calendar year in the available dividend history.
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
DividendUpcoming | Sep 16, 2026 | $1.1136Quarterly | Sep 16, 2026 | Oct 8, 2026 |
DividendUpcoming | Dec 10, 2026 | $1.0854Quarterly | Dec 10, 2026 | Jan 7, 2027 |
Dividend | Jun 11, 2026 | $0.9393Quarterly | Jun 11, 2026 | Jul 9, 2026 |
Dividend | Mar 17, 2026 | $0.939Quarterly | Mar 17, 2026 | Apr 9, 2026 |
Dividend | Dec 11, 2025 | $0.7954Quarterly | Dec 11, 2025 | Jan 8, 2026 |
Dividend | Sep 16, 2025 | $0.822Quarterly | Sep 16, 2025 | Oct 9, 2025 |
Ex-dividend Sep 16, 2026
$1.1136
Quarterly
Record Sep 16, 2026 · Payment Oct 8, 2026
Ex-dividend Dec 10, 2026
$1.0854
Quarterly
Record Dec 10, 2026 · Payment Jan 7, 2027
Ex-dividend Jun 11, 2026
$0.9393
Quarterly
Record Jun 11, 2026 · Payment Jul 9, 2026
Ex-dividend Mar 17, 2026
$0.939
Quarterly
Record Mar 17, 2026 · Payment Apr 9, 2026
Ex-dividend Dec 11, 2025
$0.7954
Quarterly
Record Dec 11, 2025 · Payment Jan 8, 2026
Ex-dividend Sep 16, 2025
$0.822
Quarterly
Record Sep 16, 2025 · Payment Oct 9, 2025
TSM peers
ETFs holding TSM
Funds reporting this stock among their holdings, ordered by reported position size.
VanEck Semiconductor ETFSMH6.35B9.46%66.84B USD0.35%$560.42-0.40%
iShares Semiconductor ETFSOXX1.91B4.55%41.76B USD0.33%$520.05-0.44%
Avantis Emerging Markets Equity ETFAVEM1.74B6.28%27.89B USD0.33%$94.24+0.75%
Capital Group Dividend Value ETFCGDV801.57M2.08%38.47B USD0.33%$50.21+0.54%
Capital Group Global Growth Equity ETFCGGO795.55M6.69%11.83B USD0.47%$40.78+0.57%
Direxion Daily Semiconductor Bull 3X ETFSOXL642.89M3.17%20.27B USD0.91%$120.6-1.32%
iShares A.I. Innovation and Tech Active ETFBAI642.1M4.60%13.91B USD0.65%$44.30-0.47%
Capital Group Growth ETFCGGR350.78M1.40%24.64B USD0.39%$47.00+1.12%
VanEck Semiconductor ETFSMH- Market value
- 6.35B
- Weight
- 9.46%
- AUM
- 66.84B USD
- Expense ratio
- 0.35%
- Price / 1D
- $560.42-0.40%
iShares Semiconductor ETFSOXX- Market value
- 1.91B
- Weight
- 4.55%
- AUM
- 41.76B USD
- Expense ratio
- 0.33%
- Price / 1D
- $520.05-0.44%
Avantis Emerging Markets Equity ETFAVEM- Market value
- 1.74B
- Weight
- 6.28%
- AUM
- 27.89B USD
- Expense ratio
- 0.33%
- Price / 1D
- $94.24+0.75%
Capital Group Dividend Value ETFCGDV- Market value
- 801.57M
- Weight
- 2.08%
- AUM
- 38.47B USD
- Expense ratio
- 0.33%
- Price / 1D
- $50.21+0.54%
Capital Group Global Growth Equity ETFCGGO- Market value
- 795.55M
- Weight
- 6.69%
- AUM
- 11.83B USD
- Expense ratio
- 0.47%
- Price / 1D
- $40.78+0.57%
Direxion Daily Semiconductor Bull 3X ETFSOXL- Market value
- 642.89M
- Weight
- 3.17%
- AUM
- 20.27B USD
- Expense ratio
- 0.91%
- Price / 1D
- $120.6-1.32%
iShares A.I. Innovation and Tech Active ETFBAI- Market value
- 642.1M
- Weight
- 4.60%
- AUM
- 13.91B USD
- Expense ratio
- 0.65%
- Price / 1D
- $44.30-0.47%
Capital Group Growth ETFCGGR- Market value
- 350.78M
- Weight
- 1.40%
- AUM
- 24.64B USD
- Expense ratio
- 0.39%
- Price / 1D
- $47.00+1.12%
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