TSM

Taiwan Semiconductor Manufacturing - ADR

TMT


Presented:08/05/2024
Price:$147.95
Cap:$767.38B
Current Price:$187.13
Cap:$970.44B

Presented

Date08/05/2024
Price$147.95
Market Cap$767.38B
Ent Value$869.62B
P/E Ratio28.17x
Book ValueN/A
Div Yield1.37%
Shares O/S5,186.72M
Ave Daily Vol16,922,692
Short Int0.57%

Current

Price$187.13
Market Cap$970.44B
Taiwan Semiconductor Manufacturing Co., Ltd. engages in the manufacture and sale of integrated circuits and wafer semiconductor devices. Its chips are used in personal computers and peripheral products, information applications, wired and wireless communications systems products, and automotive and industrial equipment including consumer electronics such as digital video compact disc player, digital television, game consoles, and digital cameras. The company was founded by Chung Mou Chang on February 21, 1987 and is headquartered in Hsinchu, Taiwan.

Publicly traded companies mentioned herein: Advanced Micro Devices Inc (AMD), Apple Inc (AAPL), Nvidia Corp (NVDA), Taiwan Semiconductor Manufacturing Co Ltd (TSM)

Highlights

The presenter is long shares of Taiwan Semiconductor Manufacturing Co Ltd (TSM), viewing the company as a monopoly that should benefit from technological drivers helping margins and pricing power. He estimates that TSM could earn $10 per share next year, which he believes should warrant at least 20x multiple given the increasing complexity needed to manufacture its products.

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Idea Discussion

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