TSMC North America Refreshes Board With New Director Appointments

TSMC ( (TSM) ) has provided an update.

On January 23, 2026, TSMC reported that its major subsidiary, TSMC North America, approved a shareholder resolution by written consent in lieu of an annual meeting to refresh its board. The resolution recorded the completion of David Keller’s tenure as a director and the election of Sylvia Fang and Sajiv Dalal as new directors of TSMC North America, effective the same day, signaling a governance update at a key regional arm of the chipmaker that may influence oversight and strategic execution in its largest overseas market.

The most recent analyst rating on (TSM) stock is a Buy with a $397.00 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 excellent financial performance (elite margins, improving growth momentum, strong balance sheet) and a constructive earnings outlook with strong AI-led guidance. These positives are moderated by an extended technical setup (overbought signals) and a relatively rich valuation (P/E ~32 with low dividend yield), plus execution and margin-dilution risks tied to elevated CapEx and global/advanced-node ramp-ups.

To see Spark’s full report on TSM stock, click here.

More about TSMC

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a leading global semiconductor foundry that manufactures integrated circuits for a broad range of customers, including major fabless chip designers and technology companies worldwide. Headquartered in Hsinchu, Taiwan, TSMC focuses on advanced process technologies used in applications spanning smartphones, high-performance computing, automotive, and the broader electronics industry.

Average Trading Volume: 12,697,658

Technical Sentiment Signal: Buy

Current Market Cap: $1456.9B

Learn more about TSM stock on TipRanks’ Stock Analysis page.