TSMC is the dominant advanced semiconductor foundry behind chips from Nvidia, Apple, AMD, Broadcom, and Qualcomm. The stock thesis depends on AI silicon demand, advanced-node leadership, capacity discipline, customer concentration, and Taiwan geopolitical risk.
Taiwan Semiconductor (TSM) Stock Price & Market Analysis
TSM · NYSE · Semiconductors
Last confirmed priceEarlier session print
$431.89
▲ +$6.81(+1.60%)4:00 PM ET - vs previous closeQuote as of Oct 21, 2026, 4:00 PM EDT
Regular-session close · Oct 21, 2026, 4:00 PM EDT.
Last session71%
$423.74L Oct 21 '26$435.16H Oct 21 '26
52-week range75%
$266.82$487.47H Oct 5 '26
Long-term rangesAvailable historyHide
Available history(2000-10-23)89%
$1.95L Oct 10 '02$487.47H Oct 5 '26
Historical range: 2000-10-23–2026-10-21. Earlier trading may not be included.
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Data dates
PriceAt closeLast traded
FundamentalsLast checked
AnalystLast checked
NewsLatest item
What matters next
Next important events
- Jan 14, 2027Next earningsEstimated
Countdown
84 days out
Company · ProfileAbout Taiwan Semiconductor (TSM)Sector, leadership, and how Taiwan Semiconductor earns its revenue.Technology
Taiwan Semiconductor
NYSE · TSM · TW
Company overview.
- Sector
- Technology
- Industry
- Semiconductors
- Headquarters
- Hsinchu, Taiwan
- Country
- TW
- Founded
- 1987
- Employees
- 65,152
- CEO
- Dr. C. C. Wei Ph.D.
- Exchange
- NYSE
How Taiwan Semiconductor makes money
Foundry moat
The manufacturing layer of AI
TSMC turns chip designs into physical silicon at the most advanced process nodes, making it a critical supplier to nearly every major AI and consumer-chip designer.
Advanced nodes
Process leadership drives pricing power
The strongest part of the thesis is TSMC ability to lead at 3nm, 2nm, and packaging technologies where competitors struggle to match yield and scale.
Customer base
Concentrated but strategically essential
Nvidia, Apple, AMD, Broadcom, and Qualcomm dependence creates visibility, but also means customer product cycles and bargaining power matter.
Geopolitics
Taiwan risk is the permanent discount
No TSMC analysis is complete without Taiwan security risk, export controls, and the cost of global fab diversification.
Key takeaways for TSM
TSM is the manufacturing backbone of the AI chip cycle.
Advanced-node share and packaging capacity are more important than simple semiconductor cyclicality.
The main risk is geopolitical and operational concentration in Taiwan, not lack of customer demand.
Business model & operating evidenceExplore business exposure, reported operating measures and the evidence behind growth and profitability claims.
AI business exposure
- Revenue exposure
- AI-specific revenue is not separated in the available company statements.
- Capital-spending dependency
- No reviewed quantitative dependency model is available.
- Compute role
- See the sourced business description; AI labels do not establish compute revenue.
- Platform examples
- An exhaustive, consistently defined product inventory is unavailable.
- Ecosystem links
- Supplier and customer links require reviewed disclosures.
Narrative versus numbers
Demand is expanding
Insufficient evidence: Unavailable
Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · Date unavailable
Growth produces accounting profit
Insufficient evidence: Unavailable
Reported-period net margin. A positive figure supports accounting profitability, not cash generation. · Date unavailable
The business generates cash after investment
Insufficient evidence: Unavailable
No comparable reported free cash flow was available. · Date unavailable
These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.
Operating measures
Comparable operating figures are unavailable for this company.
Competitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Reviewed company relationships
Direct competitors, industry comparables and thematic alternatives have different uses. Compare fiscal periods and business mix before comparing multiples.
Company-specific relationship evidence is not included in this snapshot. Explore the industry comparisons below without assuming that every comparable is a direct competitor.
A disclosed relationship is historical evidence, not a current valuation or a recommendation.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
Research tools
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Next open: 2026-10-22 · 9:30 AM America/New_York
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