TSMC Stock Update: Chip Giant TPE: 2330 Shows Modest Gains in Taipei Trading
TAIPEI, TAIWAN – Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chip manufacturer and a critical player in the global tech supply chain, is seeing positive movement in its stock price during trading today, April 18th.
As of 1:30 PM GMT+8, TSMC shares listed on the Taipei Exchange (TPE: 2330) were trading at 850.00 New Taiwan Dollars (TWD). This reflects a gain of +3.00 TWD (+0.35%) for the current session, indicating slight buying interest despite some intraday volatility.
Today’s Trading Action for TSMC (2330)
The stock experienced fluctuations after the market opened:
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Open: Trading began at 853.00 TWD.
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High: Shares reached an intraday peak of 858.00 TWD earlier in the session, primarily between 10:00 AM and 11:00 AM local time.
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Low: The lowest point touched so far is 850.00 TWD, which matches the current trading price.
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Current: Holding at 850.00 TWD (as of 1:30 PM GMT+8).
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Previous Close: The stock ended the prior trading day at 847.00 TWD.
The intraday chart illustrates that after reaching its morning high, the stock price experienced a gradual pullback throughout the late morning and early afternoon trading hours.
Key Financial Data Points
Investors monitoring TSMC consider several key metrics:
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Market Cap: The company commands a substantial market capitalization, listed as 22.04LCr TWD, highlighting its massive scale in the industry.
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P/E Ratio: The current price-to-earnings ratio sits at 18.79.
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Dividend Yield: TSMC offers a dividend yield of 2.00%.
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52-Week Range: Over the past year, the stock has seen significant movement, trading between a low of 740.00 TWD and a high of 1,160.00 TWD. Today’s price is positioned closer to the lower end of this range, well off its annual peak.
TSMC’s performance is closely watched by investors worldwide due to its pivotal role in producing advanced semiconductors for countless technology companies across various sectors, including computing, smartphones, and automotive industries.
(Disclaimer: Stock market information is time-sensitive and subject to rapid changes. Data accurate as of the timestamp indicated in the image.)