Taiwan Semiconductor Manufacturing Company Limited Website

Taiwan Semiconductor Manufacturing Company Limited

TWSE-2330

Company Overview

Taiwan Semiconductor Manufacturing Company Limited 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 complementary metal oxide silicon wafer fabrication processes to manufacture logic, mixed-signal, radio frequency, and embedded memory semiconductors. The company also offers customer support, account management, and engineering services, as well as manufactures masks. Its products are used in mobile devices, high performance computing, automotive electronics, and internet of things markets. The company was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.

  • Name

    Taiwan Semiconductor Manufacturing Company Limited

  • CEO

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  • Website

    www.tsmc.com

  • Sector

    Semiconductors and Semiconductor Equipment

  • Year Founded

    1987

Company Statistics

Profile

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Bulls Say

  • TSMC should consistently earn higher gross margins than competitors thanks to its economies of scale and premium pricing justified by cutting-edge process technologies.

  • TSMC wins when customers compete to offer the most advanced processing systems using the latest process technologies.

  • TSMC will benefit from more semiconductor firms embracing the fabless business model and internet giants designing their own data center chips.

Bears Say

  • Although TSMC is the foundry leader, each generation of process technology matures and commoditizes quickly, forcing the company to deal with pricing pressure.

  • TSMC's new approach to diversify production geographically may add cost pressures with little added resilience to stability.

  • Samsung and Intel are committed to heavy capital spending under the support of the US government. SMIC and other state-supported Chinese foundries also lurk as potential threats.

Source: Morningstar Analysis - Oct 16, 2025

What's happening

Nov 15, 2025 - Dec 17, 2025

TSMC Faces Competitive Pressures Amidst Strong Revenue Growth

  • TSMC grapples with increasing competition from Intel and AMD, leading to investor concerns.
  • Legal scrutiny over potential trade secret breaches adds uncertainty to TSM's market position.
  • Despite challenges, TSMC reports significant revenue growth driven by demand for AI chips.

Over the past month and week, Taiwan Semiconductor Manufacturing Co Ltd (TSM) has shown a modest overall movement of 1.0%. This performance indicates a slight underperformance of -0.3% compared to the S&P 500's return of 1.3%. During this period, the stock faced considerable bearish sentiment influenced by discussions on social media regarding competitive pressures and ongoing legal challenges.

Key developments contributing to negative sentiment included concerns about TSMC's market position amid heightened competition from Intel. Discussions highlighted potential trade secret breaches involving former executives that raised alarms among investors. Additionally, worries emerged regarding AMD seeking alternative chip production solutions due to capacity constraints at TSMC, further dampening confidence in the company's operational security as Taiwanese prosecutors scrutinized these allegations.

Despite these headwinds, there were positive indicators for the company’s financial health. Notably, TSMC reported robust revenue growth for November 2025 with NT$343.61 billion in sales—a year-over-year increase of 24.5%. Cumulative revenue growth reached 32.8% year-to-date through November as analysts expressed optimism about meeting surging demand for AI chips while expanding fabrication capabilities and enhancing advanced packaging technologies.

Investor interest remained strong despite mixed sentiments; bullish activity was evident in options trading with significant call option volumes suggesting some traders anticipated upward price movements ahead of earnings reports from major clients like Nvidia and Broadcom. Analysts maintained high ratings on TSMC based on its technological advancements and dominant market position within semiconductor manufacturing.

Overall, while facing headwinds related to competition and legal scrutiny that contributed to negative sentiment throughout December thus far, Taiwan Semiconductor Manufacturing Co Ltd managed to maintain a solid financial foundation supported by growing demand in key sectors such as artificial intelligence and cloud computing infrastructure. Taiwan Semiconductor Manufacturing Co Ltd outperformed the Information Technology (XLK) sector by 51.6%.

TWSE:2330