U.S. markets closed

Tokyo Electron Limited (8035.T)

Tokyo - Tokyo Delayed Price. Currency in JPY
Add to watchlist
48,750.00+430.00 (+0.89%)
At close: 3:15PM JST
Full screen
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Previous Close48,320.00
Open48,550.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range48,170.00 - 48,850.00
52 Week Range25,265.00 - 51,300.00
Volume612,800
Avg. Volume988,635
Market Cap7.583T
Beta (5Y Monthly)1.16
PE Ratio (TTM)31.38
EPS (TTM)1,553.29
Earnings DateJul 26, 2021 - Jul 30, 2021
Forward Dividend & Yield1,061.00 (2.23%)
Ex-Dividend DateSep 29, 2021
1y Target Est18,721.10
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
N/A
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
    View more
    • Japan Needs Billions Now to Stem Chip Decline, Top Advisor Warns
      Bloomberg

      Japan Needs Billions Now to Stem Chip Decline, Top Advisor Warns

      (Bloomberg) -- Japan must put at least a trillion yen ($9 billion) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, according to the government’s lead adviser on its new semiconductor strategy.Anything less won’t be enough, given the high cost of chip factories and how far Japan lags behind South Korea and Taiwan in advanced manufacturing, according to Tetsuro Higashi, chairman emeritus at gearmaker Tokyo Electro

    • Biden Needs More Than $52 Billion to Counter China in Chips
      Bloomberg

      Biden Needs More Than $52 Billion to Counter China in Chips

      (Bloomberg) -- President Joe Biden’s blueprint for the U.S. semiconductor industry marks an ambitious effort to set industrial policy for a critical sector of the economy, but the strategy will need more money and global support to take back chip supremacy and preempt a rival effort from China.The White House on Tuesday outlined a sweeping plan to secure the conduits for critical products from medicines to chips, responding in part to the growing economic and political sway of its Asian rival. S

    • TSMC to Spend $100 Billion Over Three Years to Grow Capacity
      Bloomberg

      TSMC to Spend $100 Billion Over Three Years to Grow Capacity

      (Bloomberg) -- Taiwan Semiconductor Manufacturing Co. plans to spend $100 billion over the next three years to expand its chip fabrication capacity, a staggering financial commitment to address booming demand for new technologies.TSMC, the world’s leading manufacturer of advanced semiconductors, already planned a record capital expenditure of as much as $28 billion this year, but recent trends and developments have pushed for even more capacity. Now at the center of a global chip supply crunch, Taiwan’s biggest company has pledged to work with customers across industries to overcome a deluge of demand.Read more: See How a Chip Shortage Snarled Everything From Phones to Cars“TSMC expects to invest USD$100b over the next three years to increase capacity to support the manufacturing and R&D of advanced semiconductor technologies,” the company said in a statement responding to local media reports. “TSMC is working closely with our customers to address their needs in a sustainable manner.”TSMC suppliers surged on the news, buoyed in part also by Micron Technology Inc.’s bullish forecast. Screen Holdings Co. climbed 6%, Tokyo Electron Ltd. rose 4.7% and ASM International NV jumped as much as 5.4% while ASML Holding NV was as much as 3.2% higher on Thursday. TSMC’s own share price was up 2.6% on the day.It’s unclear how TSMC -- with $28 billion of cash and equivalents on its balance sheet at the end of December -- intends to finance that record outlay, which underscores the enormous capital required to stay at the forefront of the industry. Relied on by everyone from Apple Inc. and Qualcomm Inc. to Nvidia Corp. and Advanced Micro Devices Inc., TSMC is the world’s go-to semiconductor foundry, or producer of chips designed by others. The silicon it churns out goes into practically every modern piece of electronics, from smartphones and smart fridges to connected cars.In a letter to customers obtained by Bloomberg News, TSMC Chief Executive Officer C.C. Wei wrote that the company’s fabs have been “running at over 100% utilization over the past 12 months,” but demand still outpaced supply. Thousands of new employees are being hired and multiple new factories are under construction, he added, and TSMC will suspend wafer price reductions for a year from the start of 2022.Carmakers have been hit particularly hard by the chip shortages, with estimates for lost revenue of more than $60 billion this year. Ford Motor Co. just said it would temporarily suspend production at two plants that make its best-selling F-150 pickup. F-Series trucks are Ford’s biggest moneymakers and any lost production has a direct impact on the bottom line.Read more: Samsung Warns of Severe Chip Crunch While Delaying Key PhoneU.S. rival Intel Corp. in March announced plans to directly compete with TSMC for the business of manufacturing chips for other companies, with a $20 billion investment in two new factories in Arizona. South Korea’s Samsung Electronics Co. is also spending in excess of $100 billion over a decade to expand its semiconductor business.(Updates with share reaction in fourth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.