Cluenex
Log inStart free
All stocks · Technology · Semiconductors

Taiwan Semiconductor Manufactoring Co Ltd TSM

Taiwan Semiconductor Manufactoring Co Ltd scores excellent on business quality (9.0 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$453.31Oct 10, 2026
Business qualityExcellent
Next earningsOct 14, 2026, after the close
Insiders, 90 daysBuying

Why it matters

  1. What Taiwan Semiconductor Manufactoring Co Ltd does

    Taiwan Semiconductor manufactures advanced integrated circuits for global fabless designers on a contract basis, monetizing the world's most complex silicon manufacturing process. It is scaling leading-edge nodes to supply surging artificial intelligence infrastructure demand across major tech developers.

  2. What it does best

    It manufactures advanced semiconductors at unmatched global scale, driving an operating margin of 56.4% that towers over peers. This edge relies on decades of process mastery and massive capital intensity that rivals cannot easily replicate.

  3. The main risk

    Geopolitical concentration in Taiwan remains the central vulnerability, exposing its entire fabrication footprint and the global AI hardware supply chain to regional disruption risks.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityStrong

Operating margin stands at 56.4% and free cash flow margin hits 25.5%, demonstrating extreme pricing power. The business scales efficiently, converting top-line expansion directly into massive cash flows.

MoatStrong

Proprietary process technology and unmatched manufacturing yields lock in global technology giants. Its top-decile sector operating margin proves customers have virtually nowhere else to go.

GrowthFast

Revenue growth hit 31.6%, vastly outpacing historical periods as artificial intelligence demand pulls record volumes through its advanced fabrication lines.

Financial healthStrong

Net cash of $2.1B and interest coverage of 213x mean debt costs are a non-issue. Free cash flow of $1.1B fuels expansion while keeping the balance sheet exceptionally strong.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

30 insiders bought $1.5M on the open market. 1 sold $4K outside pre-planned sales.

Our sealed record on TSM

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is TSM a good business?

Taiwan Semiconductor Manufactoring Co Ltd scores excellent on the Cluenex quality check (9.0 of 10), measured against its own industry. Profitability is strong, moat strong, growth fast and financial health strong.

Are insiders buying TSM?

In the last 90 days of SEC Form 4 filings: 30 insiders bought $1.5M on the open market. 1 sold $4K outside pre-planned sales.

When does TSM report earnings?

Oct 14, 2026, after the close.

For members

See TSM today

  • Today's verdict on TSM, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
Open in Cluenex Free to start. First month of Core free.

Cite this page: Cluenex, “Taiwan Semiconductor Manufactoring Co Ltd (TSM)”, https://cluenex.com/stocks/tsm/, data as of Oct 10, 2026.