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Taiwan Semiconductor Manufacturing Company Limited (2330.TW)

Taiwan - Taiwan Delayed Price. Currency in TWD
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635.00+10.00 (+1.60%)
At close: 1:30PM CST
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Previous Close625.00
Open636.00
Bid634.00 x 0
Ask635.00 x 0
Day's Range628.00 - 636.00
52 Week Range235.50 - 679.00
Volume43,771,859
Avg. Volume53,265,271
Market Cap16.466T
Beta (5Y Monthly)0.94
PE Ratio (TTM)31.80
EPS (TTM)19.97
Earnings DateApr. 14, 2021 - Apr. 19, 2021
Forward Dividend & Yield10.00 (1.60%)
Ex-Dividend DateMar. 17, 2021
1y Target Est262.88
  • TSMC Prepares to Sell Bonds in Taiwan Amid Major Expansion
    Bloomberg

    TSMC Prepares to Sell Bonds in Taiwan Amid Major Expansion

    (Bloomberg) -- Taiwan Semiconductor Manufacturing Co. is set to sell local currency bonds Thursday, as it prepares for a spending blitz amid a global chip shortage.The world’s largest maker of chips for other companies plans to price about NT$16 billion ($575 million) of notes in three parts in an auction, though the actual issuance size may change. The manufacturer will have to contend with a recent rise in rates globally that has sent many corporate bond yields up from record lows in the past few weeks.The debt offering comes at a promising time for the semiconductor industry as the world scrambles its way through the shortfall for the key components in everything from smartphones to TVS and cars. U.S. President Joe Biden’s administration has pressed Taiwan, home to the largest semiconductor manufacturing sector in the world, to help resolve the shortfall for auto chips that has idled some car plants.Read more about the global semiconductor crunch hereTSMC announced in January that its outlay for capital expenditure this year could total as much as $28 billion, up from $17 billion last year. The staggering sum would help expand its technological lead and fund construction of a planned $12 billion plant in the southwestern U.S. state of Arizona. The company’s board approved a plan this month to raise up to NT$120 billion of unsecured corporate bonds in Taiwan, as well as the provision of a guarantee to a unit for dollar note issuance up to $4.5 billion.“TSMC needs funds for building its U.S. factory,” and it may decide later in the year to increase its debt issuance plans, according to Baker Tu, a trader at Capital Securities Corp. Concerns about extra future bond supply from the company could dampen demand for Thursday’s offering, he said.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Bloomberg

    Nvidia Slips on Concern About Growth of Data Center Business

    (Bloomberg) -- Nvidia Corp. shares slipped on concern about growth of the company’s data center chip business.During an earnings conference call, Chief Financial Officer Colette Kress said the majority of growth in the current period will come from Nvidia’s gaming business. Some analysts worried that means the data center division will expand more slowly and they asked several questions on the topic during the call.Nvidia reported data center chip sales jumped 97% to $1.9 billion in the fiscal fourth quarter from a year earlier. It also gave a revenue forecast that beat Wall Street expectations. However, the CFO’s comments on the conference call curbed enthusiasm for a stock that has more than doubled in the past year.The stock fell about 2.5% in extended trading, after closing at $579.96 in New York earlier on Wednesday.The company has become a barometer of confidence at some of the biggest tech companies. Cloud providers such as Google and Amazon.com Inc. use Nvidia graphics chips to help power some of the most widely used services on the internet. That business is choppy, with spikes in orders followed by lulls as customers use up stockpiles of chips.Right now, the semiconductor sector is struggling to meet surging demand in some parts of the industry, and Nvidia has been caught up in this.An increase in online activity and purchases of technology gear for working from home triggered a sharp rebound in chip demand last year. That caught some customers off guard, especially automakers. New orders flooded in and the global semiconductor supply chain is still trying to catch up. Nvidia outsources production to Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co., which are swamped with orders. That’s limiting Nvidia’s ability to meet demand.“Throughout our supply chain, stronger demand globally has limited the availability of capacity and components, particularly in Gaming,” Kress said.QuickTake: Here’s Why the World Is Short of Computer Chips.Nvidia is supply constrained “at the company level,” Chief Executive Officer Jensen Huang said. It has enough supply to grow throughout this year, and some segments like data center won’t be hurt by chip shortages, he added.Revenue will be about $5.3 billion in the period ending in April, the Santa Clara, California-based company said Wednesday in a statement. That compares with an average analyst estimate of $4.5 billion, according to data compiled by Bloomberg.The chipmaker is seeing a surge in orders for PC gaming gear from consumers stuck at home in the pandemic and looking for entertainment. Nvidia’s graphics chips are also important components in machines that run the code needed to create Bitcoins and other cryptocurrencies. The price of Bitcoin has soared in recent months.Huang has built on Nvidia’s strength in PC gaming graphics chips by taking the company into new markets such as artificial intelligence processing in data centers and components for autonomous vehicles.Revenue from gaming was $2.5 billion in the quarter, up 67% from the same period last year.During previous run ups in the price of cryptocurrencies, Nvidia experienced surging demand followed by crashes sparked by price drops and the switch to more customized technology. The company has tried to minimize this volatility by offering different chips specifically for crypto mining. That reduces the risk that Nvidia’s gaming chips are dumped back into the market when crypto customers realized they don’t need them.Last September, Nvidia agreed to buy SoftBank Group Corp.’s chip division Arm Ltd. for $40 billion, in a bid to control of some of the most widely used electronics technology. The two are seeking regulatory approval around the world. Arm customers including Google, Microsoft Corp. and Qualcomm Inc. are worried about the deal and have urged antitrust officials to intervene.Fiscal fourth quarter revenue rose 61% to $5 billion and profit excluding certain costs was $3.10 a share in the period, which ended Jan. 31, the company said. Analysts, on average, predicted earnings of $2.81 a share on sales of $4.82 billion.(Updates with CFO comments in second paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Chipmakers in drought-hit Taiwan order water trucks to prepare for 'the worst'
    Reuters

    Chipmakers in drought-hit Taiwan order water trucks to prepare for 'the worst'

    Taiwan chipmakers are buying water by the truckload for some of their foundries as the island widens restrictions on water supply amid a drought that could exacerbate a chip supply crunch for the global auto industry. Some auto makers have already been forced to trim production, and Taiwan had received requests for help to bridge the shortage of auto chips from countries including the United States and Germany. Taiwan, a key hub in the global technology supply chain for giants such as Apple Inc, will begin on Thursday to further reduce water supply for factories in central and southern cities where major science parks are located.