Taiwan Semiconductor Manufactur with ticker code (TSM) have now 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 130 and 72 and has a mean target at 98.11. Now with the previous closing price of 88.88 this is indicating there is a potential upside of 10.4%. The 50 day MA is 88.48 and the 200 moving average now moves to 81.8. The market capitalisation for the company is $452,485m. Visit the company website at: https://www.tsmc.com
The potential market cap would be $499,475m based on the market concensus.
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.