TSMC Shares Inch Higher Amid Volatile Session, Holding Gains Near Intraday Low
TAIPEI, TAIWAN — Shares of Taiwan Semiconductor Manufacturing Co Ltd (TPE: 2330) showed modest gains during trading on Thursday, April 18th, as investors weighed short-term volatility against the company’s long-term dominance in the global chip industry.
As of 1:30 PM local time (GMT+8), TSMC stock was trading at 850.00 TWD, marking a +3.00 TWD (+0.35%) increase from the previous day’s close of 847.00 TWD. Despite the positive uptick, the stock is currently sitting at its intraday low, indicating waning momentum after an early-session rally.
Trading Snapshot:
- Open: 853.00 TWD
- High: 858.00 TWD (recorded between 10:00 AM and 11:00 AM)
- Low: 850.00 TWD
- Current Price: 850.00 TWD
- Previous Close: 847.00 TWD
The early rally in TSMC shares lost steam by midday, with prices pulling back steadily from their morning high of 858.00 TWD. While holding onto slight gains, the session reflects broader market caution amid fluctuating investor sentiment.
Key Financial Metrics:
- Market Capitalization: 22.04 Lakh Crore TWD
- P/E Ratio: 18.79
- Dividend Yield: 2.00%
- 52-Week Range: 740.00 TWD – 1,160.00 TWD
Currently trading near the lower third of its 52-week range, TSMC continues to attract global attention, not only as a bellwether of Taiwan’s tech-driven economy but also as a critical supplier to companies spanning the smartphone, PC, data center, and automotive markets.
As the world’s largest contract chipmaker, TSMC plays a vital role in high-end semiconductor production, making it a focal point amid ongoing global discussions around tech supply chains, AI hardware, and geopolitical tensions.
Market participants will be closely observing whether the stock can sustain today’s modest gains or if it will retest key support levels in the coming sessions.