Zacks Rating on Taiwan Semiconductor Manufacturing Company Ltd. (TSM)

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) : The consensus on Taiwan Semiconductor Manufacturing Company Ltd. (TSM) based on 2 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.


Taiwan Semiconductor Manufacturing Company Limited has dropped 1.99% in the last five trading days, however, the shares have posted positive gains of 2.3% in the last 4 weeks. Taiwan Semiconductor Manufacturing Company Limited is up 20.84% in the last 3-month period. Year-to-Date the stock performance stands at 29.98%. Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM): stock turned positive on Tuesday. Though the stock opened at $28.6, the bulls momentum made the stock top out at $28.69 level for the day. The stock recorded a low of $28.46 and closed the trading day at $28.5, in the green by 0.35%. The total traded volume for the day was 5,501,781. The stock had closed at $28.4 in the previous days trading.

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.

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