Why Taiwan Semiconductor Stock Is an Unstoppable Juggernaut to Bet On
Yahoo Finance · 2 weeks ago
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- 151.04Add to watchlist-1.92 (-1.26%)At close: Fri. May 31, 2024 4:00 PM EDT · Delayed Quote (USD) · Market closed
- Open151.48High152.50Low147.81
- Mkt Cap783.4BP/E (TTM)29.16Div & Yield2.46 & 1.63%
- Prev. Close152.9652 Wk. Low84.0252 Wk. High160.78
What analysts are sayingTop storiesRelated stocks
- Assuming TSMC's valuations hold steady, it would only need to grow its EPS at a CAGR of 10% from 2023 to 2030 to double its stock price and boost its enterprise value to nearly $1 trillion. TSMC should easily achieve that growth rate -- even if the semiconductor market suffers another cyclical slowdown over the next seven years.
www.fool.com › investing › 2024/01/22Will TSMC Be a Trillion-Dollar Stock by 2030? | The Motley Fool
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Apr 30, 2024 · Even with modest growth rates, the company's market-cap valuation should reach the trillion-dollar mark by 2030. Continued demand driven by the AI boom places TSMC at the center of a...
This positions 2030 earnings potentially 6x higher than 2024 estimates near $30 billion. A proportional expansion of TSM's P/E multiple could put its share price around $600.
Apr 30, 2024 · I don't necessarily expect the company to maintain its breakneck growth rate of 18.7% per year over the next six years -- but if it did, TSMC would have a $2.0 trillion market cap in April 2030....
- TSMC Is A Technological Leader
- Designed in America, Made in Taiwan
- A Slowdown Is Coming, But The Long-Term Tailwinds Still Prevail
- Can TSMC Cross The $1 Trillion Threshold by 2030?
TSMC is a leading semiconductor foundry that doesn't produce its own chips to market under its name. Instead, it offers its services to chip designers like Apple, Nvidia, and Advanced Micro Devicesto make the chips they use in their products. TSMC doesn't compete directly with any of these companies, which allows it to have a strong relationship wi...
As implied by the country being in its name, TSMC produces most of its chips in Taiwan. That production concentration in a country that is potentially vulnerable to Chinese aggression does not sit well with many of the companies it produces chips for, nor does the U.S. government approve of the situation as it can be interpreted as a national secur...
The storyline of how TSMC can continue to succeed is clear, but will that success be enough to push the market cap above $1 trillion? One headwind at the moment is that the global chips industry is in a cyclical downturn right now related to lower PC sales. This cycle was reflected in TSMC's Q4 earnings, as it showed revenue down 1.5% sequentially ...
I'd say TSMC has a fair chance of hitting the $1 trillion goal by 2030. It only needs to grow at an 11% compounded rate, and TSMC's new technology and current market dominance will likely deliver that level of sustained growth. Plus, TSMC's stock is reasonably valued, so growth should find its way to the share price. Unless something big goes wrong...
At its peak in early 2022, Taiwan Semiconductor held a market cap of nearly $730 billion. However, as chip demand subsided in 2022, the stock came tumbling down. This has weighed on TSMC's...
2 days ago · The 4 analysts with 12-month price forecasts for TSMC stock have an average target of 162, with a low estimate of 150 and a high estimate of 180. The average target predicts an increase of 7.26% from the current stock price of 151.04.
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