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The latest update is out from TSMC ( (TSM) ).
On May 12, 2026, TSMC’s board of directors approved the company’s first-quarter 2026 business report and financial statements, reporting consolidated revenue of NT$1.134 trillion and net income of about NT$572.5 billion, equivalent to diluted earnings per share of NT$22.08. The board also released a snapshot of the balance sheet as of March 31, 2026, highlighting total assets of NT$8.66 trillion and equity attributable to shareholders of NT$5.89 trillion, reinforcing the foundry’s financial strength.
The board approved a cash dividend of NT$7 per share for the first quarter of 2026, setting the ex-dividend and record dates in mid-September and targeting an October 8, 2026 payout, including aligned dates for American depositary shares, underscoring TSMC’s continued cash returns to investors. Directors also authorized about US$31.3 billion in capital appropriations for advanced capacity expansion and fab construction and up to US$20 billion of capital injection into TSMC Arizona, signaling an aggressive build-out of leading-edge manufacturing, particularly in the United States.
In addition to the financial and investment moves, the board approved several senior promotions, elevating executives in corporate planning, quality and reliability, research and development, and intelligent manufacturing operations. These leadership changes, combined with the large-scale capital program, suggest TSMC is bolstering both management depth and global capacity to meet long-term demand and sustain its technological and competitive edge in the semiconductor industry.
The most recent analyst rating on (TSM) stock is a Buy with a $490.00 price target. To see the full list of analyst forecasts on TSMC stock, see the TSM Stock Forecast page.
Spark’s Take on TSM Stock
According to Spark, TipRanks’ AI Analyst, TSM is a Outperform.
The score is driven primarily by exceptional profitability and a strong balance sheet, reinforced by upbeat guidance and AI/HPC-led demand. Technicals add support via a clear uptrend. Offsetting factors are a not-cheap valuation, capex-driven free-cash-flow conversion limits, and near-term margin dilution/packaging constraints highlighted on the earnings call.
To see Spark’s full report on TSM stock, click here.
More about TSMC
Taiwan Semiconductor Manufacturing Company Limited (TSMC) is the world’s leading dedicated semiconductor foundry and a pioneer of the pure-play foundry model, founded in 1987. The company provides advanced, specialty and advanced packaging process technologies and design enablement services to a global customer base, producing thousands of products for hundreds of clients from its headquarters in Hsinchu, Taiwan and operations across Asia, Europe and North America.
TSMC deployed 305 distinct process technologies and manufactured 12,682 products for 534 customers in 2025, underscoring its scale and central role in the global chip supply chain. Its broad technology portfolio and extensive ecosystem partnerships position the company as a critical manufacturing backbone for sectors ranging from consumer electronics and data centers to automotive and industrial applications.
Average Trading Volume: 13,376,292
Technical Sentiment Signal: Buy
Current Market Cap: $1889.2B
For an in-depth examination of TSM stock, go to TipRanks’ Overview page.