Taiwan Semiconductor Manufactur with ticker code (TSM) now have 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 130 and 72 with a mean TP of 95.3. With the stocks previous close at 93.45 this is indicating there is a potential upside of 2.0%. There is a 50 day moving average of 81.55 while the 200 day moving average is 82.1. The company has a market cap of $483,854m. Company Website: https://www.tsmc.com
The potential market cap would be $493,432m 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.