TSM
Taiwan Semiconductor Manufacturing Company Limited
NYSEUSDEQUITY
Technology
DELAYED
Strong buy
+71/100
Last price
483.96
▼ 1.84 (0.38%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
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Range —
Vol —
vs
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Open
485.86
Prev close
485.80
Day high
486.00
Day low
481.48
Volume
8.33M
Market cap
$2.50T
P/E (TTM)
35.31
52W range
266.82 – 487.47
Day trading desk
Gap from prior close
+0.01%
Prior close 485.80
VWAP
483.58
+0.08% from price
Relative volume
1.13×
Normal
Session range
2.61%
474.82 – 487.22
Position in range
74%
Near session high
ATR (14D)
10.12
2.09% of price
Prior day high
487.47
PDH
Prior day low
476.40
PDL
Bid / ask spread
—
Quote not published
Session volume
12.93M
Avg 11.48M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+5.55%
+3.6%
1M
+12.45%
+11.3%
3M
+10.37%
+5.9%
6M
+39.67%
+21.5%
YTD
+58.71%
+44.5%
1Y
+65.06%
+48.6%
3Y
+455.01%
+372.8%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on TSM open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
5.39M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jul 28, 26 | TIEN BOR-ZEN Officer |
BUY | 15 | $5.85K | |
| Jul 20, 26 | TIEN BOR-ZEN Officer |
BUY | 10 | $4.05K | |
| May 20, 26 | TIEN BOR-ZEN Officer |
BUY | 17 | $6.72K | Direct |
| Apr 28, 26 | TIEN BOR-ZEN Officer |
BUY | 20 | $7.76K | Direct |
| Mar 31, 26 | BURNS URSULA M Director |
BUY | 1.00K | $322.05K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BURNS URSULA M |
Director | 3.62K | Purchase |
TIEN BOR-ZEN |
Officer | — | Purchase |
Fundamentals
Market cap$2.50T
Enterprise value$17.60T
Revenue (TTM)$4.44T
Gross profit$2.85T
EBITDA$3.17T
Net income$2.22T
EPS (TTM)$13.66
Free cash flow$730.83B
Total cash$3.52T
Total debt$1.07T
Book value / share$4.86
Shares outstanding5.19B
Float37.84B
Short % of float0.57%
Dividend yield0.78%
Beta (5Y)1.24
Valuation & profitability ratios
Trailing P/E35.31
Forward P/E22.00
PEG ratio0.92
Price / sales—
Price / book99.29
EV / revenue3.96
EV / EBITDA5.56
Gross margin64.23%
Operating margin60.34%
Profit margin49.92%
Return on equity39.97%
Return on assets19.00%
Debt / equity16.50
Current ratio2.46
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $3.81T | $2.89T | $2.16T | $2.26T | +31.6% |
| Operating revenue | $3.81T | $2.89T | $2.16T | $2.26T | +31.6% |
| Cost of revenue | $1.53T | $1.27T | $986.63B | $915.54B | +20.3% |
| Gross profit | $2.28T | $1.62T | $1.18T | $1.35T | +40.4% |
| Research & development | $246.43B | $204.18B | $182.37B | $163.26B | +20.7% |
| Selling, general & admin | $99.22B | $96.89B | $71.46B | $63.45B | +2.4% |
| Total operating expense | $345.20B | $302.35B | $253.68B | $227.13B | +14.2% |
| Operating income | $1.94T | $1.32T | $921.43B | $1.12T | +46.5% |
| Net interest income | $93.37B | $76.72B | $48.29B | $10.67B | +21.7% |
| Pre-tax income | $2.04T | $1.41T | $979.32B | $1.14T | +45.2% |
| Tax provision | $346.53B | $248.32B | $128.29B | $150.78B | +39.6% |
| Net income | $1.70T | $1.16T | $851.74B | $992.92B | +46.5% |
| Net income to common | $1.70T | $1.16T | $851.74B | $992.92B | +46.5% |
| Basic EPS | 331.30 | 226.25 | 161.70 | 196.00 | +46.4% |
| Diluted EPS | 331.25 | 226.25 | 161.70 | 196.00 | +46.4% |
| EBIT | $2.05T | $1.42T | $991.32B | $1.16T | +45.0% |
| EBITDA | $2.74T | $2.08T | $1.52T | $1.59T | +31.9% |
| Basic shares | 5.19B | 5.19B | 5.19B | 5.19B | +0.0% |
| Diluted shares | 5.19B | 5.19B | 5.19B | 5.19B | +0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $2.77T | $2.13T | $1.47T | $1.34T | +30.1% |
| Cash & short-term investments | $3.13T | $2.48T | $1.71T | $1.59T | +25.9% |
| Accounts receivable | $279.05B | $270.68B | $201.31B | $229.76B | +3.1% |
| Inventory | $288.11B | $287.87B | $251.00B | $221.15B | +0.1% |
| Total current assets | $3.82T | $3.09T | $2.19T | $2.05T | +23.6% |
| Property, plant & equipment | $3.74T | $3.28T | $3.10T | $2.74T | +14.1% |
| Goodwill & intangibles | $24.95B | $26.28B | $22.77B | $26.00B | -5.1% |
| Total assets | $7.93T | $6.69T | $5.53T | $4.96T | +18.5% |
| Total current liabilities | $1.52T | $1.31T | $942.81B | $986.56B | +16.3% |
| Current debt | $136.93B | $59.86B | $9.29B | $19.31B | +128.8% |
| Long-term debt | $896.06B | $958.43B | $918.28B | $839.10B | -6.5% |
| Total debt | $1.06T | $1.05T | $956.26B | $888.17B | +1.7% |
| Total liabilities | $2.54T | $2.41T | $2.08T | $2.05T | +5.1% |
| Retained earnings | $4.64T | $3.56T | $2.82T | $2.28T | +30.3% |
| Shareholder equity | $5.36T | $4.24T | $3.43T | $2.90T | +26.2% |
| Working capital | $2.29T | $1.78T | $1.25T | $1.07T | +28.9% |
| Net tangible assets | $5.33T | $4.22T | $3.41T | $2.88T | +26.4% |
| Shares issued | 25.93B | 25.93B | 25.93B | 25.93B | -0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $2.04T | $1.41T | $979.32B | $1.14T | +45.2% |
| Depreciation & amortisation | $688.10B | $662.80B | $532.19B | $437.25B | +3.8% |
| Stock-based compensation | $1.25B | $1.24B | $483.00M | $302.40M | +0.3% |
| Change in working capital | -$96.75B | $13.35B | -$56.85B | $122.51B | -824.7% |
| Operating cash flow | $2.27T | $1.83T | $1.24T | $1.61T | +24.6% |
| Capital expenditure | -$1.28T | -$964.98B | -$955.40B | -$1.09T | -32.9% |
| Investing cash flow | -$1.14T | -$864.84B | -$906.12B | -$1.19T | -32.3% |
| Share buybacks | $0 | -$3.09B | $0 | -$871.60M | +100.0% |
| Dividends paid | -$466.78B | -$363.06B | -$291.72B | -$285.23B | -28.6% |
| Financing cash flow | -$440.34B | -$346.30B | -$204.89B | -$200.24B | -27.2% |
| Free cash flow | $992.38B | $861.20B | $286.57B | $520.97B | +15.2% |
| End cash position | $2.77T | $2.13T | $1.47T | $1.34T | +30.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $1.27T | $1.13T | $1.05T | $989.92B | $933.79B | +12.0% |
| Operating revenue | $1.27T | $1.13T | $1.05T | $989.92B | $933.79B | +12.0% |
| Cost of revenue | $410.07B | $382.81B | $394.10B | $401.38B | $386.42B | +7.1% |
| Gross profit | $860.31B | $751.30B | $651.99B | $588.54B | $547.37B | +14.5% |
| Research & development | $73.15B | $67.76B | $64.86B | $63.74B | $61.28B | +8.0% |
| Selling, general & admin | $25.84B | $26.25B | $23.33B | $24.02B | $23.23B | -1.6% |
| Total operating expense | $93.74B | $92.35B | $87.11B | $87.86B | $83.93B | +1.5% |
| Operating income | $766.57B | $658.95B | $564.88B | $500.69B | $463.44B | +16.3% |
| Net interest income | $26.96B | $26.15B | $26.46B | $23.22B | $21.50B | +3.1% |
| Pre-tax income | $862.43B | $687.80B | $592.36B | $525.37B | $493.04B | +25.4% |
| Tax provision | $155.65B | $115.00B | $107.21B | $73.61B | $95.54B | +35.3% |
| Net income | $706.56B | $572.48B | $485.47B | $452.30B | $398.27B | +23.4% |
| Net income to common | $706.56B | $572.48B | $485.47B | $452.30B | $398.27B | +23.4% |
| Basic EPS | 136.25 | 110.40 | 97.50 | 87.20 | 76.80 | +23.4% |
| Diluted EPS | 136.25 | 110.40 | 97.50 | 87.20 | 76.80 | +23.4% |
| EBIT | $865.52B | $690.52B | $595.40B | $528.33B | $496.73B | +25.3% |
| EBITDA | $1.06T | $855.97B | $757.51B | $691.11B | $684.78B | +24.3% |
| Basic shares | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | +0.0% |
| Diluted shares | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | +0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $3.13T | $3.04T | $2.77T | $2.47T | $2.36T | +3.2% |
| Cash & short-term investments | $3.60T | $3.45T | $3.13T | $2.80T | $2.68T | +4.2% |
| Accounts receivable | $435.76B | $357.74B | $279.05B | $305.48B | $233.41B | +21.8% |
| Inventory | $385.52B | $311.45B | $288.11B | $288.69B | $304.19B | +23.8% |
| Total current assets | $4.57T | $4.27T | $3.82T | $3.44T | $3.26T | +7.0% |
| Property, plant & equipment | $4.36T | $4.00T | $3.74T | $3.54T | $3.39T | +8.9% |
| Goodwill & intangibles | $24.07B | $24.73B | $24.95B | $25.56B | $24.71B | -2.6% |
| Total assets | $9.38T | $8.66T | $7.93T | $7.35T | $7.01T | +8.3% |
| Total current liabilities | $1.86T | $1.71T | $1.52T | $1.28T | $1.38T | +8.4% |
| Current debt | $167.41B | $156.24B | $136.93B | $76.23B | $94.21B | +7.1% |
| Long-term debt | $864.26B | $901.02B | $896.06B | $918.23B | $883.67B | -4.1% |
| Total debt | $1.06T | $1.09T | $1.06T | $1.03T | $1.01T | -2.4% |
| Total liabilities | $2.90T | $2.73T | $2.54T | $2.32T | $2.39T | +6.3% |
| Retained earnings | $5.74T | $5.19T | $4.64T | $4.26T | $4.12T | +10.5% |
| Shareholder equity | $6.43T | $5.89T | $5.36T | $5.00T | $4.58T | +9.2% |
| Working capital | $2.71T | $2.55T | $2.29T | $2.16T | $1.89T | +6.1% |
| Net tangible assets | $6.41T | $5.87T | $5.33T | $4.97T | $4.56T | +9.2% |
| Shares issued | 25.93B | 25.93B | 25.93B | 25.93B | 25.93B | +0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $862.43B | $687.80B | $592.36B | $525.37B | $493.04B | +25.4% |
| Depreciation & amortisation | $198.54B | $165.45B | $162.11B | $162.79B | $188.06B | +20.0% |
| Stock-based compensation | $123.05M | $113.98M | $173.04M | $273.42M | $344.41M | +8.0% |
| Change in working capital | $4.52B | -$120.81B | -$12.86B | -$108.61B | -$55.46B | +103.7% |
| Operating cash flow | $783.36B | $698.98B | $725.51B | $426.83B | $497.06B | +12.1% |
| Capital expenditure | -$508.40B | -$351.71B | -$361.47B | -$288.44B | -$297.23B | -44.6% |
| Investing cash flow | -$492.81B | -$356.85B | -$365.96B | -$259.75B | -$228.49B | -38.1% |
| Share buybacks | — | — | $0 | $0 | — | — |
| Dividends paid | -$155.60B | -$129.66B | -$129.66B | -$116.70B | -$116.70B | -20.0% |
| Financing cash flow | -$184.65B | -$119.91B | -$107.69B | -$128.29B | -$119.70B | -54.0% |
| Free cash flow | $274.97B | $347.27B | $364.04B | $138.39B | $199.84B | -20.8% |
| End cash position | $3.13T | $3.04T | $2.77T | $2.47T | $2.36T | +3.2% |
Options analytics
Put / call volume
0.53
Call-heavy session
Put / call open interest
0.94
Positioning, not flow
Max pain
462.50
-4.1% from spot
ATM implied vol
32.4%
Nearest strike to spot
Skew (10% OTM)
+8.1%
Puts bid over calls
Call volume
25.54K
Contracts, this expiry
Put volume
13.58K
Contracts, this expiry
Heaviest call OI
480.00
4.93K contracts
Heaviest put OI
450.00
8.10K contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 3.89 | 4.31 | +10.9% |
| Mar 2026 | 3.33 | 3.49 | +4.7% |
| Dec 2025 | 2.98 | 3.14 | +5.5% |
| Sep 2025 | 2.63 | 2.92 | +11.2% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 4.48 | 9 | $1.46T | +47.0% |
| Next quarter | 4.98 | 9 | $1.61T | +53.7% |
| Current year | 16.96 | 13 | $5.45T | +43.0% |
| Next year | 22.05 | 13 | $7.35T | +35.0% |
Analyst targets & ownership
Mean target$555.01
High target$700.00
Low target$440.00
Implied upside14.68%
Analyst count20
ConsensusSTRONG BUY
Strong buy / Buy6 / 14
Hold1
Sell / Strong sell0 / 0
Held by insiders0.01%
Held by institutions15.48%
Institutions holding4.66K
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
461.44
+4.88% from price
SMA 20
446.13
+8.11% from price
SMA 50
428.21
+12.63% from price
SMA 100
427.13
+13.30% from price
SMA 200
389.19
+23.92% from price
EMA 12
460.67
+5.06% from price
EMA 26
446.72
+8.33% from price
EMA 50
435.92
+11.02% from price
RSI (14)
72.6
Overbought
MACD (12,26,9)
13.95
Hist 3.91
ATR (14)
10.12
2.10% of price
Realised vol 30D
25.4%
Annualised
Bollinger upper
485.49
20, 2σ
Bollinger lower
406.77
20, 2σ
50 / 200 cross
Golden
428.21 vs 389.19
Trend bias
Above 200
+23.92%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
2.16
More volatile than market
Correlation to SPY
0.70
Moves with the index
Realised vol 30D
25.4%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-21.5%
Peak to trough
Max drawdown 5Y
-57.1%
Peak to trough
ATR 14
10.12
2.10% of price
Beta (reported)
1.24
5Y monthly, from filing
Short interest
Shares short
27.79M
Prior 30.16M
Change vs prior
-7.9%
Shorts covering
% of float
0.57%
Normal
% of shares out
0.54%
Against total outstanding
Days to cover
2.9
Liquid
Float
37.84B
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 6, 26 | Barclays | MAINTAINED | Overweight | Overweight |
| Sep 2, 26 | Stifel | INITIATED | — | Buy |
| Aug 11, 26 | Bernstein | MAINTAINED | Outperform | Outperform |
| Jul 27, 26 | Needham | MAINTAINED | Buy | Buy |
| Jul 17, 26 | DA Davidson | MAINTAINED | Buy | Buy |
| Jul 17, 26 | TD Cowen | MAINTAINED | Hold | Hold |
| Jul 17, 26 | Barclays | MAINTAINED | Overweight | Overweight |
| Jul 16, 26 | Susquehanna | MAINTAINED | Positive | Positive |
| Jun 24, 26 | B of A Securities | MAINTAINED | Buy | Buy |
| Jun 22, 26 | Susquehanna | MAINTAINED | Positive | Positive |
| Apr 22, 26 | Barclays | MAINTAINED | Overweight | Overweight |
| Apr 17, 26 | DA Davidson | MAINTAINED | Buy | Buy |
Dividends & splits
Forward rate$3.77 / yr
Forward yield0.78%
5-year avg yield1.35%
Payout ratio25.44%
Ex-dividend dateDec 10, 2026
Next pay dateJan 7, 2027
Last split1005:1000
Split dateJul 15, 2009
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-09-24
Corporate Changes & Voting Matters
6-K · 2026-09-10
Corporate Changes & Voting Matters
6-K · 2026-09-01
Corporate Changes & Voting Matters
6-K · 2026-08-25
Corporate Changes & Voting Matters
6-K · 2026-08-14
Corporate Changes & Voting Matters
6-K · 2026-08-11
Corporate Changes & Voting Matters
6-K · 2026-08-10
Corporate Changes & Voting Matters
6-K · 2026-07-24
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.