Unternehmensprofil · Technology

Taiwan Semiconductor Manufacturing Co. Ltd.

2330 · Taiwan
Weitere NotierungenTSM · USA
Börse
Taiwan
Land / Region
Taiwan
Börsengang
5. September 1994
Mitarbeiter
76.907
Aktueller Kurs
2,575
Live · 5. Oktober 2026
Fairer Kauf
≤ 2,050
Einstieg mit Sicherheitsmarge
Baillie-Wachstumsscore
57/100
Mittel
Buffett Score
82/100
Exzellent
Innerer Wert · Drei-Stufen-Bereich Aktueller Kurs 2,575 Live · Innerhalb des fairen Bereichs des inneren Werts

Zusammengesetzter Bewertungsbereich · konservativ 1,850–2,050 / fair 2,350–3,150 / optimistisch 4,250–4,700. Bei 2,575, Innerhalb des fairen Bereichs des inneren Werts.

Bei Veröffentlichung 2,425 (31. Juli 2026)

Marktkapitalisierung61,72 Bio. NT$
Umsatz (TTM)4,1 Bio. NT$
EBITDA2,86 Bio. NT$
Nettomarge46,51 %
ROE36,21 %
KGV (TTM)32,29
Erwartetes KGV23,92
PEG1,16
EPS73,71 NT$
Dividendenrendite1,02 %
52-Wochen-Spanne976,43 NT$ – 2.415,00 NT$

Daten von EODHD, dargestellt in der Berichtswährung; nur zu Informationszwecken, keine Anlageberatung.

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, 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 various wafer fabrication processes, such as processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others. The company also involved in providing customer and engineering support services; manufacturing of masks; investment in technology start-up companies; research, designing, developing, manufacturing, packaging, testing, and sale of color filters; and investment activities. Its products are used in high performance computing, smartphones, Internet of things, automotive, and digital consumer electronics. Taiwan Semiconductor Manufacturing Company Limited was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.

Geschichte

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a platform manufacturer built on a pure-play wafer foundry model, complemented by advanced packaging, testing, and mask/design ecosystem services. It does not design or sell own-brand chips, instead manufacturing to customers' proprietary designs and therefore not competing with them. Its principal management and most core production facilities are located in Taiwan, alongside operations such as a fab in Nanjing, China. Since 2024, C.C. Wei has served as both Chairman and CEO.

Branchenposition

TSMC is the global leader in advanced logic foundry and advanced packaging, holding an estimated 67.6%-70.4% share of the pure-play foundry market versus roughly 7.1% for Samsung's foundry. In 2025 it served 534 customers across 12,682 products, posted revenue of NT$3.81 trillion, and operated capacity exceeding 17 million 12-inch equivalent wafers, with processes at 7nm and below making up 74% of wafer revenue. Its strongest competitor is Samsung's foundry, with Intel Foundry a longer-term challenger, while UMC, GlobalFoundries, and SMIC hold positions in mature nodes.

57/100 Halten TSMC: Earnings Have Outrun the Share Price to a 28.1x Trailing Multiple, but a Limit-Up Close at NT$2,425 Leaves Only a Limited Margin of Safety The world's largest pure-play semiconductor foundry, monetizing process technology, manufacturing scale and customer trust across advanced logic and packaging, with high-performance computing at 66% of Q2 revenue and 7-nanometer-and-below nodes at 77% of wafer revenue. Since the 2026-05-22 edition the ordinary share rose 8.5% while trailing EPS rose about 16.0%, compressing the trailing P/E from roughly 30.0 to 28.1 times, though almost the entire move arrived in one 9.98% limit-up session on the base date. Rating Hold: earnings have outrun the price, but the current quote lacks a conservative margin of safety against margin and geopolitical tail risk. Taiwan Semiconductor Manufacturing Company Limited2330 · TaiwanSemiconductors31. Juli 2026 56/100 Beobachten TSMC: Eine tiefgehende Value-Investing-Studie Der weltweit führende Auftragsfertiger für fortschrittliche Logikchips, der rund 70% des Pure-Play-Foundry-Markts hält, mit einem Umsatz von NT$3.81 Billionen im GJ2025 und einer Bruttomarge von 59.9%. Beim aktuellen taiwanesischen Aktienkurs von NT$2235 und einem TTM-KGV von nahezu 29.5x notiert die Aktie bereits über dem fairen Wert und bietet nur eine dünne Sicherheitsmarge. Rating Beobachten: ein Weltklasse-Geschäft, aber der Preis lässt keinen Puffer mehr. Taiwan Semiconductor Manufacturing Company Limited2330 · TaiwanAI Chips22. Mai 2026