Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Taiwan Semiconductor Stock a Buy Now?


Taiwan Semiconductor Manufacturing (NYSE: TSM) is on a roll. On the heels of a three-year slump in chipmaking services, TSMC is facing unprecedented production demand. The artificial intelligence (AI) surge that started two years ago seems to have legs for years, and that's not even the whole story -- modern cars need a ton of processors, and the smartphone market is also coming back from a long downturn.

So, TSMC's stock has doubled in 2024. Its market cap has been hovering around the rare $1 trillion level since October.

At the same time, TSMC shares are trading at lofty valuation ratios. Is the stock overvalued today, or is TSMC still a great buy at today's high prices?

Continue reading


Source Fool.com

Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock

€156.20
0.910%
Taiwan Semiconductor Manufacturing Co. Ltd. ADR gained 0.910% compared to yesterday.
The stock is an absolute favorite of our community with 34 Buy predictions and no Sell predictions.
With a target price of 198 € there is a positive potential of 26.76% for Taiwan Semiconductor Manufacturing Co. Ltd. ADR compared to the current price of 156.2 €.
Like: 0
TSM
Share

Comments