TSM
TSM Stock Rises Overnight: CFO Says 'Don't Plan To Leave Food On Table' After Confirming Bumped-Up US Investment
Article Summary
HOLD- Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) rose 0.4% overnight after confirming a $100 billion-to-$265 billion U.S. investment increase, signaling strong demand for its chip manufacturing services.
- The company's CFO said the expansion will continue as long as the megatrend is right, with the first phase of 4-nanometer production already up and running in Arizona.
- TSMC is aggressively optimizing its leading-edge capacity, including a planned shift to the advanced 3-nanometers process.
- The stock has declined about 18% from its June 30 peak amid broader semiconductor weakness and a rotation into Big Tech and software stocks.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 34.6% | 25% | 85.0 ptsExcellent (34.6%) - Strong growth |
| EPS Growth Next 5Y ? | 36.7% | 25% | 90.0 ptsExcellent (36.7%) - Strong outlook |
| Target Price Upside ? | 29.1% | 20% | 75.0 ptsSignificant Upside (29.1%) - Target: $522.12 vs Current: $404.50 |
| Gross Margin % ? | 63.4% | 15% | 80.0 ptsVery Healthy (63.4%) - High-quality margins |
| Drawdown from 52-Wk High ? | -15.6% | 15% | 40.0 ptsMild Pullback (-15.6%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About TSM
- 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.
- Its products are used in high performance computing, smartphones, Internet of things, automotive, and digital consumer electronics.
- Taiwan Semiconductor Manufacturing Company Limited was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.