Yahoo · Sep 15, 2026
Taiwan Semiconductor Issues Blunt Warning on AI
AI's biggest manufacturing winner is proceeding unusually carefully
TS
NASDAQ · TSM
Taiwan Semiconductor Manufacturing Company Limited
Technology · Semiconductors
$413.75
Down-$4.26 (-1.02%)
Updated Sep 16, 2026, 10:59 AM
SID Score
7.1/10
Composite research score
Smart Money
67/100
Neutral
- Market cap
- 1.58T
- P/E ratio
- 26.2
- Dividend yield
- 1.14%
- 52-week range
- $257.98 – $479.00
- Volume
- 9.46M
- Avg. volume
- 12.97M
Price performance
TSM price history
1M range · 20 trading sessions · Daily adjusted prices
TSM closed at $413.75 after 20 trading sessions, up 0.08% for the selected period.
- Last close
- $413.75
- Period change
- +0.08%
- Period low
- $410.12
- Period high
- $439.00
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 15, 2026 | $421.94 | $421.94 | $412.55 | $413.75 | 9.46M |
| Sep 14, 2026 | $416.01 | $424.45 | $416.01 | $418.01 | 14.31M |
| Sep 11, 2026 | $431.55 | $435.37 | $428.90 | $433.24 | 10.64M |
| Sep 10, 2026 | $426.44 | $432.5299 | $424.05 | $428.03 | 8.37M |
| Sep 9, 2026 | $434.46 | $439.40 | $431.87 | $435.36 | 7.5M |
| Sep 8, 2026 | $438.02 | $444.29 | $433.72 | $439.00 | 13.09M |
| Sep 4, 2026 | $421.88 | $429.82 | $419.42 | $428.91 | 12.28M |
| Sep 3, 2026 | $413.29 | $417.30 | $407.815 | $417.01 | 7.83M |
| Sep 2, 2026 | $413.20 | $416.50 | $411.27 | $415.50 | 6.3M |
| Sep 1, 2026 | $417.80 | $418.62 | $412.065 | $414.00 | 7.93M |
| Aug 31, 2026 | $417.23 | $423.80 | $414.6001 | $415.32 | 6.75M |
| Aug 28, 2026 | $427.49 | $429.12 | $417.32 | $417.52 | 8.9M |
| Aug 27, 2026 | $423.015 | $429.64 | $420.53 | $427.30 | 12.75M |
| Aug 26, 2026 | $418.45 | $420.75 | $414.41 | $417.69 | 7.45M |
| Aug 25, 2026 | $414.585 | $419.7695 | $414.03 | $417.41 | 7.05M |
| Aug 24, 2026 | $413.87 | $414.34 | $405.15 | $410.12 | 10.65M |
| Aug 21, 2026 | $423.015 | $425.68 | $416.70 | $418.95 | 8.95M |
| Aug 20, 2026 | $408.60 | $417.96 | $407.7183 | $416.00 | 10.45M |
| Aug 19, 2026 | $418.13 | $419.60 | $407.88 | $412.09 | 8.42M |
| Aug 18, 2026 | $417.00 | $419.63 | $410.765 | $413.41 | 14.03M |
Latest TSM news
The latest Smart Investors Daily articles mentioning TSM.
Stock researchCompany · Overview
TSM research
Overview
Company profile and research snapshot.
Company profile
Taiwan Semiconductor Manufacturing Co. is the world's largest dedicated chip foundry, with mid-60s market share in 2024. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public in Taiwan in 1994 and as an ADR in the US in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious base of customers, including Apple, AMD, and Nvidia, that look to apply its cutting-edge process technologies to their semiconductor designs. TSMC employs more than 83,000 people.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $361.25
- Implied upside
- —
- Analysts
- 43
| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 28, 2020 | New Street | Buy | — |
| Jul 24, 2020 | Macquarie | Outperform | — |
| Dec 17, 2019 | China Renaissance | Buy | — |
| Sep 30, 2019 | Goldman Sachs | Buy | — |
| Sep 5, 2019 | Morgan Stanley | Overweight | — |
News briefing
No generated briefing is available yet.
Yahoo · Sep 15, 2026
TSMC Slips as 2-Nanometer Chip Powers a 51% AI Leap
MediaTek's flagship launch validates TSMC's newest node, but manufacturing volume will determine the financial payoff.
Yahoo · Sep 15, 2026
TSMC's Strong August Revenues Signal Continued AI-Driven Chip Demand
Taiwan Semiconductor's August revenues jump 53.3% year over year, underscoring strong AI-driven demand for advanced chips and leading-edge technologies.
Yahoo · Sep 15, 2026
ASML Eyes 110+ EUV Tools in 2028 as AI Chip Demand Accelerates
ASML Holding N.V. (NASDAQ:ASML) is examining ways to produce more than 110 EUV lithography systems in 2028, according to JPMorgan analysts following a meeting with CFO Roger Dassen. The company is already nearly sold out for 2027 and expects to produce at least 80 EUV systems that year, meaning output above 110 in 2028 would […]
AI research layers
Interpretive context generated from the platform’s current data sources.
Taiwan Semiconductor Manufacturing Company Limited Stock Performance
Taiwan Semiconductor Manufacturing Company Limited (TSM) shares traded at $413.75, reflecting a 61.45% gain over the trailing twelve months, per SID market data. Despite strong annual performance, the stock has experienced near-term softness, declining 2.9% over the past month and 1.4% over the past three months. TSM currently trades below its 50-day moving average of $418.61 but remains well above its 200-day moving average of $376.69, suggesting the longer-term uptrend remains intact despite recent consolidation. The 14-day RSI sits at 54.5, indicating neutral momentum with no overbought or oversold conditions, according to Massive/Polygon technical data. Average daily trading volume stands at approximately 12.97 million shares, reflecting robust liquidity for an ADR with a market capitalization of approximately $1.58 trillion. The stock carries a beta of 1.267, indicating moderately higher volatility relative to the broader market.
Taiwan Semiconductor Manufacturing Company Limited Valuation Analysis
TSM trades at a price-to-earnings ratio of 26.2, positioning it at a premium within the semiconductor industry, per SID market data. The PEG ratio stands at 2.28, suggesting the stock's valuation exceeds its expected earnings growth rate on a one-to-one basis. The price-to-book ratio of 8.35 reflects the market's recognition of TSMC's dominant position in advanced chip fabrication, according to SEC filings. TSMC offers a modest dividend yield of approximately 1.29%, which remains relatively low compared to broader market averages but is consistent with the company's capital-intensive reinvestment strategy. As a $1.58 trillion market capitalization entity in the Technology sector, TSMC commands one of the highest valuations among global semiconductor companies. These metrics collectively indicate the market prices in substantial future growth expectations tied to artificial intelligence and advanced node demand, with current multiples reflecting that premium positioning.
Smart Money Activity for TSM
TSMC's composite smart money score stands at 67 out of 100 with a neutral signal, per SID market data. Institutional positioning scores a notably high 23.0 out of 25, reflecting strong conviction among major fund managers and asset allocators. Insider activity also scores robustly at 22.0 out of 25, with SEC Form 4 filings revealing 20 insider transactions over the past 90 days, of which 18 were purchases and only 2 were sales. This heavily buy-skewed insider ratio suggests company leadership maintains confidence in TSMC's forward trajectory. However, the dark pool activity score is comparatively low at 9.1 out of 25, indicating limited off-exchange institutional accumulation in recent periods. Congressional trading interest registers at 12.8 out of 25, reflecting moderate legislative portfolio activity, according to 13F institutional filings and public disclosure records. The divergence between strong insider buying and subdued dark pool activity creates a mixed but lean-positive smart money profile for the stock.
Taiwan Semiconductor Manufacturing Company Limited Earnings Outlook
TSMC has demonstrated a consistent pattern of exceeding analyst expectations in recent quarters, according to company earnings reports. In its most recently reported quarter, TSMC posted earnings per share of $4.31 against a consensus estimate of $3.77, delivering a positive surprise of $0.54 — representing a 14.3% beat. The prior reported quarter showed EPS of $3.49 versus an estimate of $3.31, producing an $0.18 upside surprise. Looking ahead, analyst estimates project EPS of $3.27 for the upcoming quarter and $4.45 for the following quarter, per consensus data. The sequential acceleration from $3.49 to $4.31 in reported EPS highlights the company's strengthening earnings trajectory, driven by demand for advanced semiconductor nodes. TSMC's next earnings report is scheduled for April 20, 2026, and investors will monitor whether the company can sustain its streak of estimate-beating results amid evolving global chip demand dynamics.
Wall Street Analyst Ratings for TSM
Wall Street coverage of TSM reflects a broadly bullish consensus, with multiple major investment banks maintaining positive ratings, according to SID consensus data. Goldman Sachs reiterated a Buy rating, while Morgan Stanley upgraded the stock to Overweight from Equal-Weight, signaling increased confidence in TSMC's competitive positioning. New Street Research initiated coverage with a Buy recommendation, and Macquarie upgraded its rating to Outperform from Neutral, per Wall Street analyst reports. China Renaissance also upgraded TSM to Buy from Hold, contributing to the positive analyst sentiment. Notably, no recent analyst actions have resulted in downgrades or sell recommendations, underscoring uniform institutional optimism surrounding TSMC's growth prospects. The bullish consensus aligns with the company's dominant market share in advanced process technology, particularly at sub-7-nanometer nodes, where TSMC commands an estimated share exceeding 90%. These ratings collectively reflect expectations that TSMC's technological leadership will continue translating into superior financial performance.
