Brokerage Firm Rating on Taiwan Semiconductor Manufacturing Company Ltd. (TSM)

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) : 2 analysts are covering Taiwan Semiconductor Manufacturing Company Ltd. (TSM) and their average rating on the stock is 3, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock.


Company shares have received an average consensus rating of Hold for the current week Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM): The stock opened at $29.14 on Thursday but the bulls could not build on the opening and the stock topped out at $29.37 for the day. The stock traded down to $28.80 during the day, due to lack of any buying support eventually closed down at $29.14 with a loss of -0.27% for the day. The stock had closed at $29.22 on the previous day. The total traded volume was 9,134,028 shares.

Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC) is a Taiwan-based company principally engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits (ICs) and other semiconductor devices and the manufacturing of masks. The Company also offers a range of wafer fabrication processes, including processes to manufacture CMOS (complementary metal oxide silicon) logic, mixed-signal, radio frequency (RF), embedded memory, BiCMOS (bipolar complementary metal oxide silicon) mixed-signal and other semiconductors. It also offers design, mask making, bumping, probing, and assembly and testing services. TSMC operates one 150-millimeter wafer fab, six 200-millimeter wafer fabs and three 300-millimeter wafer fabs. The Company manufactures different types of semiconductors with different specific functions. The Companys semiconductor types include logic semiconductors, mixed-signal/RF semiconductors and CMOS image sensor semiconductors.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.