TSM:
The current market price is 370.77, with a percentage change of 0% from the previous close.
Support and Resistance Levels
Current support levels are 365.00, 368.15, and 370.00. Resistance levels are at 373.00, 372.50, and 374.00, with a pivot point at 370.77.
Indicators
The RSI is currently at 39.57, indicating neutrality. ATR is 1.87, suggesting low volatility. ADX is at 51.35, indicating a strong trend. The 50-day SMA is 370.77, while the 200-day EMA is 367.48. Parabolic SAR is at 366.14.
Market Sentiment
With the market price at the pivot point of 370.77, a bullish trend is indicated given supporting indicators.
TSM Signals & Technical Analysis
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About (TSM) Taiwan Semiconductor Manufacturing Company Limited
Company Background
Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a leading global semiconductor manufacturer headquartered in Hsinchu, Taiwan. Established in 1987, TSMC pioneered the pure-play foundry model, allowing companies to design and develop semiconductor chips without needing to invest in manufacturing facilities. By focusing solely on manufacturing, TSMC has enabled a wide range of clients, from start-ups to multinational corporations, to innovate and bring cutting-edge technologies to market.
Market Position
As a dominant player in the semiconductor industry, TSMC commands a substantial market share, producing over 50% of the world’s semiconductor chips. The company prides itself on its advanced manufacturing processes, including cutting-edge 5-nanometer and 7-nanometer technologies, which are essential for high-performance computing, artificial intelligence, and mobile devices. TSMC's extensive client base includes major technology firms such as Apple, NVIDIA, and Qualcomm, positioning it as a critical enabler in the tech ecosystem. The company continually invests in research and development to maintain its leadership and push the boundaries of semiconductor technology.
Key Financial Highlights
TSMC is publicly traded on the New York Stock Exchange under the symbol TSM. The company's financial health is robust, with recent reports showcasing significant revenue growth, driven by increased demand for semiconductors across various industries including automotive, consumer electronics, and telecommunications. In 2022, TSMC reported revenue exceeding $70 billion, underlining its status as the world's most valuable semiconductor manufacturer. The company also benefits from strong profit margins and sustained investment in capital expenditure to enhance its production capabilities and expand its manufacturing footprint.
Industry Highlights
The semiconductor industry is experiencing unprecedented growth, fueled by the rise of IoT, AI, and 5G technologies. TSMC is at the forefront of this expansion, adapting quickly to market demands and investing in sustainable manufacturing practices. The shift towards more efficient and advanced technology solutions has positioned TSMC not only as a key supplier but also as a strategic partner for companies looking to innovate in an increasingly digital world.