Taiwan Semiconductor traded at 2,250.00 this Tuesday May 5th, decreasing 25.00 or 1.10 percent since the previous trading session. Looking back, over the last four weeks, Taiwan Semiconductor lost 20.97 percent. Over the last 12 months, its price rose by 139.87 percent. Looking ahead, we forecast Taiwan Semiconductor to be priced at 2,060.49 by the end of this quarter and at 1,852.20 in one year, according to Trading Economics global macro models projections and analysts expectations.
Taiwan Semiconductor Manufacturing Co., Ltd. is principally engaged in the manufacture and sale of integrated circuits and semiconductor products. The Company is mainly engaged in the manufacture, sale and packaging test of integrated circuits and other semiconductor devices, the manufacture of masks, as well as the provision of computer-aided design services. The Company's products are applied to personal computer (PCs) and peripheral products, information applications, wired and wireless communication systems, industrial equipment, consumer electronics such as digital video disc players, digital TVs, game consoles and digital cameras. The Company is also engaged in the development of 5 nanometer process technology, mask technology, complementary metal oxide semiconductor (CMOS) image sensor technology, three dimensional (3D) IC and TSMC system on integrated chips (TSMC-SoIC) technology, among others. The Company distributes its products to the United States, Asia and Europe.