Assessing TSMC’s (TWSE:2330) Valuation After a Steady Share Price Rise
Something’s been stirring with Taiwan Semiconductor Manufacturing (TWSE:2330) lately, and even without a big headline event to point to, it’s catching investors’ eyes. A slow but steady grind upward in the share price has some wondering if there’s a signal buried in this move. The question isn’t about a sudden catalyst, but whether the shift reflects subtle changes in how the market is valuing one of the world’s most essential chipmakers.
Over the past year, Taiwan Semiconductor Manufacturing’s share price has climbed roughly 25%, gaining significant ground across both the trailing month and the past three months. While there has been a modest dip in the past week, it comes after a powerful rally this spring. This year,…