Taiwan Semiconductor Manufacturing (2330) Stock Overview
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. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
2330 Community Fair Values
Create NarrativeSee what 733 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
Taiwan Semiconductor Manufacturing Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NT$2,420.00 |
| 52 Week High | NT$2,535.00 |
| 52 Week Low | NT$1,250.00 |
| Beta | 1.25 |
| 1 Month Change | 0.21% |
| 3 Month Change | 4.76% |
| 1 Year Change | 92.06% |
| 3 Year Change | 333.69% |
| 5 Year Change | 303.33% |
| Change since IPO | 10,689.12% |
Recent News & Updates
Narrative Update • Sep 09
2330: AI Tool Demand And Massive Capex Plans Will Test Future Margins
Analysts lifted the fair value estimate for Taiwan Semiconductor Manufacturing to NT$2,650, citing updated models that reflect higher projected revenue growth, stronger profit margins, and a modestly lower future P/E assumption, supported by rising AI driven wafer demand and increased long term capex plans across the foundry sector. Analyst Commentary Recent research on Taiwan Semiconductor Manufacturing highlights strong interest in the stock, but it also surfaces a set of more cautious views that matter for risk management.
Narrative Update • Aug 26
2330: AI Capacity Build Out Will Drive Future Repricing Potential
Analysts have modestly raised their implied fair value estimate for Taiwan Semiconductor Manufacturing to NT$3,858.72, reflecting higher modeled revenue growth and continued AI related capex plans, even as updated assumptions factor in slightly lower profit margins and a marginally lower future P/E multiple. Analyst Commentary Street research on Taiwan Semiconductor Manufacturing in recent months has skewed positive, with many bullish analysts revisiting their models after what they describe as strong earnings, higher capital expenditure plans and ongoing AI related demand.Narrative Update • Aug 12
2330: AI Capacity Constraints And Heavy Capex Plans Will Shape Future Margins
Analysts have lifted their fair value estimate for Taiwan Semiconductor Manufacturing to NT$2,332.83 from NT$1,971.21 as they factor in higher modeled revenue growth tied to strong AI related wafer demand and increased long term capital spending plans, while also using a slightly higher discount rate and similar forward P/E assumptions. Analyst Commentary Recent Street research on Taiwan Semiconductor Manufacturing highlights a broad group of firms lifting their price targets while still flagging some risks that long term investors should keep in mind.
Narrative Update • Jul 29
2330: AI Capacity And Capex Expansion Will Drive Advanced Packaging Upside
Analysts have lifted their fair value estimate for Taiwan Semiconductor Manufacturing to about NT$3,106 from roughly NT$2,622, citing higher modeled revenue growth and margins, as well as updated views on long term AI driven wafer demand and capital spending. Analyst Commentary Recent Street research on Taiwan Semiconductor Manufacturing points to an active debate on how much future AI related demand and capital spending should influence valuation.Recent updates
Narrative Update • Sep 09
2330: AI Tool Demand And Massive Capex Plans Will Test Future Margins
Analysts lifted the fair value estimate for Taiwan Semiconductor Manufacturing to NT$2,650, citing updated models that reflect higher projected revenue growth, stronger profit margins, and a modestly lower future P/E assumption, supported by rising AI driven wafer demand and increased long term capex plans across the foundry sector. Analyst Commentary Recent research on Taiwan Semiconductor Manufacturing highlights strong interest in the stock, but it also surfaces a set of more cautious views that matter for risk management.Narrative Update • Aug 26
2330: AI Capacity Build Out Will Drive Future Repricing Potential
Analysts have modestly raised their implied fair value estimate for Taiwan Semiconductor Manufacturing to NT$3,858.72, reflecting higher modeled revenue growth and continued AI related capex plans, even as updated assumptions factor in slightly lower profit margins and a marginally lower future P/E multiple. Analyst Commentary Street research on Taiwan Semiconductor Manufacturing in recent months has skewed positive, with many bullish analysts revisiting their models after what they describe as strong earnings, higher capital expenditure plans and ongoing AI related demand.Narrative Update • Aug 12
2330: AI Capacity Constraints And Heavy Capex Plans Will Shape Future Margins
Analysts have lifted their fair value estimate for Taiwan Semiconductor Manufacturing to NT$2,332.83 from NT$1,971.21 as they factor in higher modeled revenue growth tied to strong AI related wafer demand and increased long term capital spending plans, while also using a slightly higher discount rate and similar forward P/E assumptions. Analyst Commentary Recent Street research on Taiwan Semiconductor Manufacturing highlights a broad group of firms lifting their price targets while still flagging some risks that long term investors should keep in mind.Narrative Update • Jul 29
2330: AI Capacity And Capex Expansion Will Drive Advanced Packaging Upside
Analysts have lifted their fair value estimate for Taiwan Semiconductor Manufacturing to about NT$3,106 from roughly NT$2,622, citing higher modeled revenue growth and margins, as well as updated views on long term AI driven wafer demand and capital spending. Analyst Commentary Recent Street research on Taiwan Semiconductor Manufacturing points to an active debate on how much future AI related demand and capital spending should influence valuation.Narrative Update • Jul 15
2330: AI Capacity Constraints Will Support Future Repricing Potential
The analyst price target for Taiwan Semiconductor Manufacturing has shifted higher, with fair value moving from NT$3,500.00 to NT$3,782.06, supported by analysts citing stronger medium term revenue expectations tied to AI driven demand, resilient margins, and higher assumed future P/E multiples. Analyst Commentary Recent Street research on Taiwan Semiconductor Manufacturing shows a cluster of optimistic views around the stock, with several bullish analysts updating their models ahead of upcoming quarterly events and pointing to AI related demand as a key driver for revenue and capacity assumptions.Narrative Update • Jul 01
2330: AI Capacity Constraints Will Drive Future Repricing Potential
Analysts have raised Taiwan Semiconductor Manufacturing’s fair value estimate from NT$2,770 to NT$3,500, citing recent research updates that point to higher projected revenue growth and profit margins driven by stronger AI-related demand and expanded capacity expectations. Analyst Commentary Recent Street research around Taiwan Semiconductor Manufacturing highlights that several bullish analysts are recalibrating their expectations to reflect stronger AI related demand, tighter capacity assumptions, and higher long term revenue potential.Narrative Update • Jun 17
2330: AI Capacity Constraints And Advanced Packaging Will Shape Balanced Multi Year Outlook
Analysts have nudged their fair value estimate for Taiwan Semiconductor Manufacturing stock higher to NT$2,622 from NT$2,590, citing updated expectations for revenue growth and future P/E in light of continued capacity expansion and advanced packaging investments related to TSMC and its key customers. Analyst Commentary Recent Street commentary around Taiwan Semiconductor Manufacturing centers on how capacity expansion, advanced packaging, and foundry spending plans could affect both growth expectations and what investors are willing to pay for TSMC stock.Narrative Update • Jun 03
2330: AI Capacity And Advanced Packaging Will Support Balanced Multi Year Outlook
Analysts have raised their TSMC price target by NT$74 to reflect updated assumptions for slightly higher revenue growth, a small adjustment to the discount rate, firmer profit margins, and a modestly higher future P/E multiple. This view is supported by ongoing investment in advanced capacity and packaging at TSMC and across the broader chip supply chain.Narrative Update • May 14
2330: Tight AI Capacity And U.S. Packaging Expansion Will Drive Multi Year Upside
Analysts have raised their NT$ price targets on Taiwan Semiconductor Manufacturing, increasing fair value estimates from about NT$2,359 to roughly NT$2,516 as they incorporate updated assumptions for growth, margins and future P/E multiples. Analyst Commentary Recent Street research around Taiwan Semiconductor Manufacturing sits within a broader wave of semiconductor coverage, with several reports adjusting price targets across chip designers, equipment suppliers and foundries.Narrative Update • Apr 28
2330: Elevated AI Demand Will Expose Capacity Constraints And Margin Pressure Risks
Analysts have lifted their fair value estimate for Taiwan Semiconductor Manufacturing to NT$1,971.21 from NT$1,825.46. This reflects updated assumptions around slightly lower revenue growth, a modestly higher future P/E of 22.49, and marginally stronger profit margins supported by recent price target increases from several firms.Narrative Update • Apr 14
2330: Tight AI Capacity And Shifting Customer Mix Will Drive Multi Year Upside
Analysts have lifted the fair value estimate for Taiwan Semiconductor Manufacturing to NT$2,359.42 from NT$2,315.66, reflecting updated views on stronger revenue growth, higher profit margins, and a slightly lower assumed future P/E multiple. Analyst Commentary Recent Street research on Taiwan Semiconductor Manufacturing and peers points to active debate around how much growth and profitability are already reflected in current valuations.Narrative Update • Mar 31
2330: Tight AI Capacity And Customer Shifts Will Support Multi Year Upside
Analyst price targets for Taiwan Semiconductor Manufacturing have been raised by NT$164 to NT$2,316, with analysts pointing to updated assumptions around revenue growth, profitability, and future P/E following a wave of recent target hikes from major firms. Analyst Commentary Recent research highlights a cluster of upward price target revisions for Taiwan Semiconductor Manufacturing, with several firms lifting both NT$ and US$ based targets.
Narrative Update • Mar 20
When the World Fractures, TSMC Matters More
Recent geopolitical developments (most notably escalating tensions in the Middle East, including the US' "brilliant" strikes on Iran 2026 by its "dear leader", alongside rising energy prices) introduce a more complex macro backdrop for TSMC. At first glance, higher oil prices and global uncertainty appear negative, implying demand risk and multiple compression.Narrative Update • Mar 17
2330: Surging AI Demand Will Test Capacity Expansion And Execution Resilience
Analysts have nudged the fair value estimate for Taiwan Semiconductor Manufacturing higher from NT$1,771 to NT$1,825, reflecting updated assumptions around revenue growth, profitability and a slightly richer future P/E multiple. Analyst Commentary Recent Street research around Taiwan Semiconductor Manufacturing has leaned constructive, with several firms adjusting price targets upward and highlighting the company as a key beneficiary of long term chip demand.New Narrative • Mar 12
Investment Narrative: The Strategic Position of TSMC in the AI-Driven Semiconductor Industry
Investment Narrative: The Strategic Position of TSMC in the AI-Driven Semiconductor Industry Taiwan Semiconductor Manufacturing Company (TSMC) occupies a central role in the global semiconductor supply chain. As the world’s leading pure-play semiconductor foundry, the company manufactures advanced chips designed by many of the most innovative technology firms.Narrative Update • Mar 02
2330: Surging AI Orders Will Eventually Clash With Capacity And Execution Limits
Our analyst fair value estimate for Taiwan Semiconductor Manufacturing has moved from NT$1,462.64 to NT$1,771.17, reflecting analysts' updated views on revenue growth, profitability, and a higher future P/E assumption following several recent bullish research initiations and price target increases. Analyst Commentary Street research has recently skewed bullish on Taiwan Semiconductor Manufacturing, with several firms publishing higher price targets and supportive views that feed into our higher fair value estimate and P/E assumption.New Narrative • Feb 20
(Almost) The Only Game in Town
Main Assertion TSMC is undervalued. That might be insane for the a top 10 largest company in world by market cap, but a basic considering of the facts and status within the broader economy makes this self-evident: TSMC is NOT merely a cyclical semiconductor manufacturer; it is critical infrastructure for the global digital economy.Narrative Update • Feb 16
2330: Rising AI Demand And Capacity Expansion Will Support Future Repricing
The analyst price target for Taiwan Semiconductor Manufacturing has increased from about NT$1,566 to NT$2,770. Analysts attribute the change to updated assumptions related to higher revenue growth, profit margins, and future P/E multiples, supported by a recent wave of positive research initiations and target hikes.Narrative Update • Feb 02
2330: Rising AI Demand Will Eventually Expose Execution And Capacity Constraints
Analysts have lifted their fair value estimate for Taiwan Semiconductor Manufacturing to US$1,462.64 from US$1,411.36, citing updated assumptions about revenue growth, profit margins, and future P/E multiples following a series of recent price target increases from major firms. Analyst Commentary Recent research on Taiwan Semiconductor Manufacturing highlights that, while many firms have updated their price targets, some commentary still flags risks around execution, valuation, and long term growth assumptions, especially as global foundry competition remains intense.Narrative Update • Jan 19
2330: AI Packaging Constraints Will Support Multi Year Upside From Surging Demand
Analysts have lifted their price targets on Taiwan Semiconductor Manufacturing, with our fair value estimate moving from US$1,804.80 to US$2,151.61. They point to stronger modeled revenue growth, slightly higher profit margins, and a modestly lower future P/E assumption supported by recent target hikes from multiple research firms.Narrative Update • Jan 05
2330: AI Foundry Demand And Packaging Constraints Will Shape Balanced Multi-Year Outlook
Analysts have raised their price target on Taiwan Semiconductor Manufacturing, with fair value moving from about $1,765 to roughly $1,805. They cited stronger than previously expected AI related demand, TSMC's role as a preferred foundry over peers like Intel, and expectations for a faster pace of new process introductions and testing complexity across high performance and smartphone chips.Narrative Update • Dec 16
2330: AI Demand And U.S. Capacity Shift Will Shape Balanced Outlook
Analysts have raised their fair value estimate for Taiwan Semiconductor Manufacturing to roughly $1,411 from about $961, citing stronger than expected AI driven demand, improving profit margins, and higher anticipated revenue growth, supported by recent upward price target revisions and positive commentary on TSMC's technology leadership and capacity roadmap. Analyst Commentary Recent Street research around the broader semiconductor complex underscores both the strength of TSMC's competitive position and some emerging points of caution that could temper upside for the shares.Narrative Update • Dec 02
2330: Expanding Advanced Packaging Capacity Will Drive Strong Multi-Year AI Demand
Analysts have raised their price target for Taiwan Semiconductor Manufacturing by $10, citing stronger than expected artificial intelligence demand and positive forward-looking signals in recent results. Analyst Commentary Bullish Takeaways Bullish analysts have consistently raised their price targets on Taiwan Semiconductor Manufacturing, reflecting growing confidence in the company’s ability to capitalize on robust artificial intelligence demand and positive forward guidance.Narrative Update • Nov 18
2330: Demand For Advanced AI Hardware Will Drive Multi-Year Performance
Analysts have increased their price target for Taiwan Semiconductor Manufacturing, raising it from $1,741.92 to $1,753.64. Ongoing strong demand for artificial intelligence chips and positive future growth signals support a more optimistic outlook for the company's valuation.Narrative Update • Nov 01
2330: Artificial Intelligence Demand Will Drive Multi-Year Opportunity And Sector Leadership
Analysts have raised their price target for Taiwan Semiconductor Manufacturing to $355 from $330. They cite strengthened artificial intelligence demand and improving financial metrics, including higher projected revenue growth and profit margins.Narrative Update • Oct 18
Advanced Process Nodes Will Power A Vibrant Semiconductor Future
The analyst price target for Taiwan Semiconductor Manufacturing has increased significantly to approximately $1,735 from about $1,469. Analysts cite robust quarterly results and accelerating AI-related demand as key drivers of the upward revision.Narrative Update • Oct 04
Advanced Process Nodes Will Power A Vibrant Semiconductor Future
The analyst price target for Taiwan Semiconductor Manufacturing has been raised from $1,396 to $1,469, as analysts cite strengthening artificial intelligence demand, resilient profit margins, and increased visibility on long-term growth estimates as key factors supporting the upward revision. Analyst Commentary Recent Street research highlights a mix of bullish and cautious perspectives regarding Taiwan Semiconductor Manufacturing's outlook, with insights on industry positioning, technological advances, and broader market impacts.Narrative Update • Sep 19
Advanced Process Nodes Will Power A Vibrant Semiconductor Future
Taiwan Semiconductor’s upward price target revision reflects sustained AI-driven demand, robust future valuation support, and expectations for strong revenue growth from next-gen silicon and 2nm platform adoption, lifting fair value from NT$1375 to NT$1396. Analyst Commentary Bullish analysts cite robust and sustained demand for artificial intelligence (AI), positioning TSMC as the sector's structural winner and preferred stock.Narrative Update • Sep 04
Advanced Process Nodes Will Power A Vibrant Semiconductor Future
Analysts have marginally raised TSMC's price target to NT$1375, citing sustained AI-driven demand, advanced-node leadership, and resilience to near-term headwinds. Analyst Commentary Bullish analysts are raising price targets based on continued strength in AI-related demand, with significant silicon content growth and custom HBM base die transitions supporting ambitious $90B AI revenue targets by 2029.
New Narrative • Nov 07
TSMC's Advanced Tech And Global Expansion Drive Future Revenue Despite Margin Challenges
Strong demand for advanced technologies in smartphones and AI, combined with increased server AI processor demand, could drive revenue growth and enhance net margins.Shareholder Returns
| 2330 | TW Semiconductor | TW Market | |
|---|---|---|---|
| 7D | 0.4% | 3.8% | 2.4% |
| 1Y | 92.1% | 117.4% | 83.7% |
Return vs Industry: 2330 underperformed the TW Semiconductor industry which returned 117.4% over the past year.
Return vs Market: 2330 exceeded the TW Market which returned 83.7% over the past year.
Price Volatility
| 2330 volatility | |
|---|---|
| 2330 Average Weekly Movement | 5.2% |
| Semiconductor Industry Average Movement | 9.3% |
| Market Average Movement | 5.9% |
| 10% most volatile stocks in TW Market | 11.3% |
| 10% least volatile stocks in TW Market | 2.5% |
Stable Share Price: 2330 has not had significant price volatility in the past 3 months compared to the TW market.
Volatility Over Time: 2330's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 76,907 | C. C. Wei | www.tsmc.com |
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. The company also involved in providing customer and engineering support services; manufacturing of masks; investment in technology start-up companies; research, designing, developing, manufacturing, packaging, testing, and sale of color filters; and investment activities.
Taiwan Semiconductor Manufacturing Company Limited Fundamentals Summary
| 2330 fundamental statistics | |
|---|---|
| Market cap | NT$63.53t |
| Earnings (TTM) | NT$2.22t |
| Revenue (TTM) | NT$4.44t |
28.3x
P/E Ratio14.1x
P/S RatioIs 2330 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2330 income statement (TTM) | |
|---|---|
| Revenue | NT$4.44t |
| Cost of Revenue | NT$1.59t |
| Gross Profit | NT$2.85t |
| Other Expenses | NT$635.33b |
| Earnings | NT$2.22t |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 85.48 |
| Gross Margin | 64.23% |
| Net Profit Margin | 49.92% |
| Debt/Equity Ratio | 15.9% |
How did 2330 perform over the long term?
See historical performance and comparisonDividends
1.2%
Current Dividend Yield30%
Payout RatioDoes 2330 pay a reliable dividends?
See 2330 dividend history and benchmarks| Taiwan Semiconductor Manufacturing dividend dates | |
|---|---|
| Ex Dividend Date | Sep 16 2026 |
| Dividend Pay Date | Oct 08 2026 |
| Days until Ex dividend | 4 days |
| Days until Dividend pay date | 26 days |
Does 2330 pay a reliable dividends?
See 2330 dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/11 15:42 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Taiwan Semiconductor Manufacturing Company Limited is covered by 70 analysts. 40 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ge Bai | ABCI Securities Company Limited |
| Stefan Chang | Aletheia Analyst Network Limited |
| Brett Simpson | Arete Research Services LLP |