|Bid||695.00 x 900|
|Ask||698.74 x 800|
|Day's Range||694.71 - 721.20|
|52 Week Range||501.11 - 895.93|
|Beta (5Y Monthly)||0.91|
|PE Ratio (TTM)||42.82|
|Forward Dividend & Yield||3.96 (0.57%)|
|Ex-Dividend Date||Nov 02, 2021|
|1y Target Est||870.28|
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Taiwan Semiconductor Manufacturing (NYSE: TSM), popularly known as TSMC, released fourth-quarter results on Jan. 13 and shares of the chip giant surged following the report as it became evident that the demand for chips is going to stay strong in 2022 and beyond. One of the highlights of TSMC's report was the big bump in the company's capital spending budget for 2022. The company has outlined a capital expenditure budget of $40 billion to $44 billion for this year, which points toward a roughly 40% increase over 2021 capex of $30 billion.
The global semiconductor shortage, sparked by pandemic-influenced demand spikes, reportedly led to a near-sellout of 2022 chip supply before the year even started, but investors and analysts are concerned the end of the party is already within sight.
Investment company Threadgill Financial, Llc (Current Portfolio) buys Mastercard Inc, Visa Inc, Ulta Beauty Inc, PayPal Holdings Inc, Lam Research Corp, sells Etsy Inc, Nike Inc, Fiserv Inc, The Walt Disney Co, Dun & Bradstreet Holdings Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Threadgill Financial, Llc.