TSM — Taiwan Semiconductor Manufacturing Company Limited

Technology · Semiconductors

What TSM does

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. It provides various wafer fabrication processes, such as processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.

Place in the AI trade

Semiconductors are the literal hardware the AI build-out runs on — the most direct, infrastructure-level exposure to AI compute demand.

Key data · delayed ~15 min, as of 30 June 2026

TickerTSM
CompanyTaiwan Semiconductor Manufacturing Company Limited
Price$475.49
Market cap$2465.46B
Sector / industryTechnology / Semiconductors
Performance1W +7.6% · 1M +12.5% · 1Y +109.6%
Analyst mean target$488 (18 analysts, strong_buy)

Valuation read

What the price implies: the market is pricing in roughly ~8%/yr earnings growth (modest), on a reverse-DCF of forward earnings ($20.13). Run your own assumptions in the fair-value calculator.

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Market data is delayed ~15 minutes and provided for education, not as financial advice. "Hot" means attention, not direction.