Taiwan Semiconductor Manufacturing Co. Ltd. ADR (TSM)
TSMC Continues To Embody What A Structural Advantage Looks Like
The AI boom represents the biggest secular tech wave since the internet era, and TSMC is structurally positioned to be one of its primary enablers. Its Q3 results showed explosive 45% revenue growth and strong margin expansion, proving its efficiency in capturing AI-driven demand. TSMC's unmatched leadership in advanced nodes and disciplined capacity planning create a compounding structural advantage few can replicate.
Three Serious Problems Owning Taiwan Semiconductor
Taiwan Semiconductor remains a Hold or Sell due to significant risks despite its dominant global chipmaking position and AI megatrend exposure. TSM is less attractive than peers like NVDA and MSFT, given its capital intensity and weaker competitive moat within the AI value chain. TSM trades at a premium valuation more typical of US companies, which is difficult to justify given its emerging market and geopolitical risks.
TSMC: Understanding The Golden Goose Of AI
While competition in other semiconductor value chains is more diversified, TSMC has a dominant share of the semiconductor manufacturing market (71%). Q3 results show strong catalysts, with revenue growing YoY by 40%. The company is in the process of relocating factories that could reduce the risks of a Chinese invasion.
TSMC: The AI Bottleneck
Taiwan Semiconductor Manufacturing Company remains the dominant bleeding-edge chip producer, critical to AI supply chains and industry growth. TSM projects 40%+ CAGR in AI-related revenue, yet current CapEx may still lag exponential compute demand, risking supply bottlenecks. Despite industry risks and geopolitical tensions, TSM's unique market position and robust growth make it attractive at 31x earnings and 16x FCF.
This AI Chip Giant Could Be the Market's Next Big Winner
Talk of an artificial intelligence (AI) bubble has been on the rise among mainstream media and some executive commentaries. That's a normal reaction to the bullish—parabolic even—price action in the technology sector, especially in the names involved with chip and semiconductor production.
Taiwan Semiconductor's Q3 Earnings Beat Estimates, Revenues Rise Y/Y
TSM posts a 39% EPS jump and a 40.8% revenue surge in Q3 2025, beating estimates with expanding margins.
Taiwan Semiconductor-Heavy ETFs in Focus on Upbeat Earnings
TSMC's record Q3 profit and upbeat outlook lift AI chip optimism. ETFs like SPWO, SPTE, EMC, WUGI & SMH may ride the momentum.
TSMC Q3 Earnings: Still The Best AI Play At A Reasonable Price
TSMC (TSM) remains a Buy as AI-driven HPC demand and a smartphone rebound drive strong revenue and margin growth. TSM delivered Q3 revenue up 39.5% year-over-year, with gross margin at 59.5%, and guided for further margin improvement in Q4. Valuation at 31x forward earnings is justified by nearly 40% revenue growth and strong visibility into 2026.
Taiwan Semiconductor Q3 financial results top estimates on AI chip demand
Taiwan Semiconductor Manufacturing Co (ADR) (NYSE:TSM) (TSMC) on Thursday reported better than expected financial results for the third quarter 2025, as its earnings reached a new record on artificial intelligence (AI) semiconductor demand. The company's earnings for the period climbed 39.1% year over year to NT$452.3 billion (New Taiwan dollars), surpassing the NT$417.69 billion analyst consensus estimate provided by LSEG.
Taiwan Semiconductor Manufacturing Company Limited (TSM) Q3 2025 Earnings Call Transcript
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM ) Q3 2025 Earnings Call October 16, 2025 2:00 AM EDT Company Participants Jeff Su - Director of Investor Relations Jen-Chau Huang - Senior VP of Finance & CFO C.C. Wei - Chairman & CEO Conference Call Participants Gokul Hariharan - JPMorgan Chase & Co, Research Division Charlie Chan - Morgan Stanley, Research Division Sunny Lin - UBS Investment Bank, Research Division Zheng Lu - Goldman Sachs Group, Inc., Research Division Chia Yi Chen - Citigroup Inc., Research Division Sreekrishnan Sankarnarayanan - TD Cowen, Research Division Yu Jang Lai - Macquarie Research Presentation Jeff Su Director of Investor Relations Good afternoon, everyone, and welcome to TSMC's Third Quarter 2025 Earnings Conference Call.
Taiwan Semiconductor tops earnings expectations, raises guidance again on AI boom.
TSMC's ADRs have rallied more than 50% already in 2025 and raised guidance will reinforce trading sentiment.
TSMC Hikes Sales Outlook Amid AI Boom
Taiwan Semiconductor Manufacturing Co. hiked its projection for 2025 revenue growth to the mid-30% range. The company also raised the lower end of its capital spending target for the year after reporting a better-than-anticipated 39% jump in profit in the September quarter.
