TSMC (TSM) closed at $232.99, up 2.49%, outperforming S&P 500, Dow, and Nasdaq. Stock lost 5.91% in the past month. Earnings report forecasted EPS of $2.56, revenue of $32.31 billion. Analysts anticipate full-year earnings of $9.83 per share, revenue of $122.4 billion. TSM holds Zacks Rank #3 (Hold).

Investors should monitor TSMC’s performance closely. Forward P/E ratio is 23.14, in line with industry average. PEG ratio stands at 1.08, matching industry average. Semiconductor – Circuit Foundry industry has Zacks Industry Rank of 99. Zacks Rank model suggests positive estimate revisions impact stock price performance.

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Read more at Nasdaq: TSMC (TSM) Beats Stock Market Upswing: What Investors Need to Know