TSMC Sees 116% Earnings Growth; $100 Billion Investment and $918 Billion Market Cap
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1h ago
TSMC Achieves $918 Billion Market Cap and Shares Considered Shockingly Cheap
- Taiwan Semiconductor Manufacturing Company (TSMC) has a market cap of $918 billion and is crucial for AI development due to its fabrication processes.2
- Despite its strong market position, TSMC's shares are considered shockingly cheap with a forward P/E of roughly 19 compared to the S&P 500's average of about 21.1
- TSMC's market cap reached $918 billion, while its shares are considered shockingly cheap compared to the S&P 500.
4h ago
Background
- Taiwan Semiconductor Manufacturing Company (TSMC) is crucial in the chip market, providing foundry solutions that enable companies like Nvidia and AMD to manufacture their chips.2
- TSMC has seen impressive earnings growth of 116% over the past year, significantly outpacing the broader Metals and Mining industry.1
- The demand for chips is expected to increase tenfold over the next decade, reaching a market size of nearly $1 trillion.1
- TSMC is investing $100 billion to expand its manufacturing footprint in the U.S., responding to the growing demand for AI infrastructure.1
- Taiwan Semiconductor Manufacturing Company (TSMC) is crucial in the chip market, providing foundry solutions for companies like Nvidia and AMD.
- TSMC has experienced impressive earnings growth of 116% over the past year, significantly outpacing the broader Metals and Mining industry.
- The demand for chips is projected to increase tenfold over the next decade, reaching a market size of nearly $1 trillion.
- TSMC is investing $100 billion to expand its manufacturing footprint in the U.S. to meet the growing demand for AI infrastructure.
Yahoo Finance