TSMCTSM
About: 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 customer base, including Apple, AMD, and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs. TSMC employs more than 73,000 people.
Employees: 83,825
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
250% more first-time investments, than exits
New positions opened: 403 | Existing positions closed: 115
20% more funds holding in top 10
Funds holding in top 10: 205 [Q3] → 245 (+40) [Q4]
18% more capital invested
Capital invested by funds: $141B [Q3] → $166B (+$24.8B) [Q4]
16% more repeat investments, than reductions
Existing positions increased: 929 | Existing positions reduced: 802
11% more funds holding
Funds holding: 2,155 [Q3] → 2,401 (+246) [Q4]
0.07% more ownership
Funds ownership: 3.14% [Q3] → 3.21% (+0.07%) [Q4]
35% less call options, than puts
Call options by funds: $11.3B | Put options by funds: $17.5B
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Barclays Simon Coles 43% 1-year accuracy 3 / 7 met price target | 29%upside $215 | Overweight Maintained | 21 Apr 2025 |
Susquehanna Mehdi Hosseini 21% 1-year accuracy 8 / 38 met price target | 50%upside $250 | Positive Maintained | 17 Apr 2025 |
Needham Charles Shi 14% 1-year accuracy 10 / 73 met price target | 35%upside $225 | Buy Reiterated | 17 Apr 2025 |
Financial journalist opinion
Based on 183 articles about TSM published over the past 30 days
