tsmc weathers taiwan market turbulence: what investors need to know
Taipei, Thursday, 8 May 2025.
tsmc (2330.tw) saw a slight stock price increase amid taiwan’s volatile market. Real-time data reveals intraday price variations, prompting analysts to closely monitor tsmc’s performance using technical indicators. The goal is to identify potential investment opportunities. Amid these fluctuations, tsmc’s market capitalization recently hit $1 trillion. Morgan Stanley analysts suggest that tsmc’s ‘hunger marketing’ strategy is effective, anticipating increased silicon wafer prices due to high ai demand and tight supply through 2025.
current trading activity
On May 8, 2025, TSMC’s stock (2330.TW) experienced a 1.08% increase, equivalent to a rise of NT$10.00, closing at NT$918 [1]. The stock opened at NT$933, reaching a high of NT$939 and a low of NT$918, with an average price of NT$929 [1]. The total trading volume amounted to 27,954 lots, with a turnover of NT$25.985 billion [1]. Intraday trading saw 6,857 lots traded on the bid side (27.10%) and 18,450 lots on the ask side (72.90%) [1]. This price movement occurred against the backdrop of broader fluctuations in the Taiwan stock market [1].
analyst perspectives and market dynamics
Analysts are closely watching TSMC’s technical indicators, including MA, KD, RSI, and MACD, to evaluate market trends and inform trading strategies [2]. Morgan Stanley raised TSMC’s target stock price by approximately 9%, anticipating increased full-year sales projections in the upcoming earnings report [3]. Analyst Charlie Chan noted the effectiveness of TSMC’s ‘hunger marketing’ strategy [3]. The report suggests potential tightness in leading-edge foundry supply through 2025, emphasizing that customers who do not recognize TSMC’s value may face capacity allocation challenges [3].
national stabilization fund intervention
The National Stabilization Fund intervened in the stock market on April 8, 2025, following global market declines triggered by the U.S. tariff announcements on April 2, 2025 [7]. Ruan Qinghua, Vice Minister of Finance and operator of the National Stabilization Fund, confirmed that the fund purchased a significant amount of TSMC shares during the intervention, citing its high weighting in the market [7]. As of May 8, 2025, the fund’s available capital is approximately NT$200 billion, with discussions underway to potentially raise the upper limit to NT$1 trillion [7].
capital expenditure and revenue growth
Fueled by AI demand, TSMC’s capital expenditure is projected to increase by $32 billion to $36 billion by 2025 [3]. TSMC’s average annual revenue has grown by 18.05% over the past five years [3]. The stock traded above its 50-day moving average of $158.00 and reached a 52-week high of $192.80 on Monday [3]. As of Monday, the stock price was up 0.82% to $185.50 [3].