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Taiwan Semiconductor Manufacturing Company Limited (TSM)

NYSE - NYSE Delayed Price. Currency in USD
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112.46+3.71 (+3.41%)
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Commodity Channel Index

Commodity Channel Index

Previous Close108.75
Bid112.48 x 800
Ask112.48 x 800
Day's Range110.24 - 112.83
52 Week Range49.61 - 142.20
Avg. Volume11,610,591
Market Cap524.843B
Beta (5Y Monthly)1.01
PE Ratio (TTM)30.23
EPS (TTM)3.72
Earnings DateN/A
Forward Dividend & Yield1.75 (1.61%)
Ex-Dividend DateMar 17, 2021
1y Target Est135.22
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  • Taiwan Semiconductor To Ramp Up US Chip Investment: Reuters

    Taiwan Semiconductor To Ramp Up US Chip Investment: Reuters

    Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) plans to channelize incremental billions of dollars into the Arizona chip factories from its previously disclosed plans, Reuters reports. TSM remains indifferent regarding the European plant plans. Last year, TSM had announced an investment of $10 billion and $12 billion in the Phoenix chip factory. The company now plans around five additional fabs in Arizona apart from the current one. Opinions remain divided over the next plant focus between the advanced 3-nanometer chipmaking technology and the slower, less-efficient 5-nanometer technology used for the first factory. The 3-nanometer plant could cost between $23 billion and $25 billion. TSM could join the likes of Intel Corp (NASDAQ: INTC) and Samsung Electronics Co Ltd (OTC: SSNLF) to seek subsidies from the U.S. government. President Joe Biden has sought billion in funding for domestic chip manufacturing. However, concerns about the misuse of the subsidies remain for higher R&D plans in favor of Taiwan instead of U.S. interests. Interestingly, European chip and auto companies seek subsidies for the short supply of older-generation chips used by car manufacturers. TSM’s European customer base comprises mainly less advanced chips utilized by automakers. TSM is still open to the possibility of an older-generation auto chip plant in Europe. TSM has hired Intel veteran Benjamin Miller as human resources head in Arizona. It has hired 250 engineers, out of which 100 have been sent to Tainan, Taiwan, for a training program. TSM’s first Arizona factory will have an estimated output of 20,000 wafers of 12-inch silicon discs that can each contain thousands of chips per month. However, TSM’s fabs in Taiwan can produce 100,000 wafers per month. Price action: TSM shares traded higher by 1.67% at $110.57 in the premarket session on the last check Friday. See more from BenzingaClick here for options trades from BenzingaDell's Chief Projects Semiconductor Chip Crunch To Extend For Multiple Years: ReutersTSMC Eyes Five Additional Arizona Fabs For US Chip Building Drive: Reuters© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Bloomberg

    Human Error and Shaky Grid Spark New Global-Chip Supply Concerns

    (Bloomberg) -- Human error and worst-case scenarios triggered a widespread power outage in Taiwan, rocking its reliability as a top supplier of computer chips as the industry grapples with a global shortage.A dual coal- and gas-fired power plant in the southern city of Kaohsiung went offline Thursday after a technician accidentally flipped the wrong switch, resulting in a sudden drop in voltage that caused the plant to shut down as a protective measure, state-run utility Taiwan Power Co. said in a statement Friday.The failure came at precisely the wrong time, overloading an electricity grid already stretched by rising temperatures, a water shortage, volatile solar output and higher-than-expected power consumption, and snowballed into a blackout that hit Taiwan’s major cities, including Taipei. The outage temporarily affected more than 4 million households and nearly half of Taiwan’s industrial parks before power was restored Thursday night.The fragility of the power grid has now become a global issue. Taiwan is home to Taiwan Semiconductor Manufacturing Co., the world’s largest contract chipmaker, and a few hours without electricity is enough to disrupt global supply chains.A worldwide shortage of high-end semiconductors has heightened concerns, triggering a scramble among major companies, from consumer electronics brands to automakers, to secure scarce supplies of chips from TSMC and its domestic peers. The blackout may also heighten scrutiny of the government’s effort to rid Taiwan of nuclear and coal, which opponents see as reliable sources of power.If a semiconductor fabrication plant “is suddenly halted by a power outage, can lose what is equivalent to about one month of output,” said Bloomberg Intelligence analyst Charles Shum. “It’s not just the wafers in fabrication that have to be abandoned, all machines have to put in idle for maintenance and re-calibration.”TSMC, the world’s top foundry, experienced a brief power dip at some facilities, but the supply is currently back to normal, the company said in an emailed statement. There was no major impact on its operations, a spokeswoman said. ASE Technology Holding Co., the world’s largest chip packaging provider, said Thursday that its operations were affected and the full impact has yet to be determined.Analysts see little likelihood of TSMC being affected by similar shortages in the future, even as it consumes more electricity due to new power-hungry extreme ultraviolet lithography chip-making technology, as the government is likely to prioritize its resource needs over other users.“It is also going to be challenging for TSMC’s customers to diversify their orders as right now most chipmakers are running at full capacity,” said Elsa Cheng, an analyst at GF Securities. “Further, TSMC offers superior yield rate compared to its rivals, a critical element that will ensure its customers can launch their products on time.”In a statement apologizing for the incident, Taipower said that electricity consumption exceeded the company’s initial estimates due to high temperatures and strong economic activity. The incident occurred in the afternoon, when solar output was falling, while a water shortage meant that hydropower generation was weak, according to Taipower. Power consumption has steadily climbed since the start of May, the utility said, promising to review its operations.“Blackouts and reliability problems could become worse in Taiwan,” said Alex Whitworth, head of Asia-Pacific power and renewables research at Wood Mackenzie Ltd. The share of intermittent wind and solar power is expected to continue growing, which could put much more stress on the power system, he said.Four years ago, a blackout caused by a blunder at Taiwan’s biggest gas-fired plant affected six million households and disrupted some semiconductor production.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.

  • TSMC sees no expect major impact on chip exports from Taiwan airline woes

    TSMC sees no expect major impact on chip exports from Taiwan airline woes

    Taiwan Semiconductor Manufacturing Co Ltd (TSMC) does not see any major impact on chip exports from Taiwan's largest airline having to cut flights while pilots are quarantined over a COVID-19 outbreak, it said on Friday. The government on Monday ordered the quarantine of all pilots at China Airlines Ltd for 14 days as it tries to stop an outbreak of COVID-19 linked to the carrier and a hotel at Taiwan's main international airport. China Airlines said that would affect more than 10% of its freighter capacity, though it stressed it would not be totally grounded.