If you invested $1000 in TSMC 10 years ago, here's how much you'd have today

Stoculator

By Scott Ritchie

October 17, 2024 6:49PM GMT

A picture of a board with a chip in the center labeled "AI"

Shares of Taiwan Semiconductor Manufacturing Company (NYSE:TSM), the world's largest contract chipmaker, is up over 10% today after Q3 earnings showed growth higher than anticipated by Wall Street.

The earnings report showed 54.2% increase in net income compared to same quarter from last year and 31.3% compared to the previous quarter. The gross profit increased 48.1% compared to same quarter last year with a 22.7% increase compared to previous quarter. The company's report stated that the strong demand for smartphone and AI-related products contributed to the increase in revenue.

The reported gross profit was 57.8%, a 4.6% increase from the previous quarter, which the company attributed to higher capacity utilization and cost improvement efforts.

The increasing demand for AI chips has become a matter of politics and diplomacy as the US government restricted the export of AI chips the more than 40 country over concerns that the products would end up in China.

How much you'd have if you invested $1,000 in TSM 10 years ago?

According to Stoculator's stock calculator, a $1,000 invested in TSM stock 10 years back would be worth a total of $9,585.45 (as of March 3, 2025) if the dividends were reinvested. That's a 25.38% annual return rate and 858.54% total return. The distributed dividends were $776.08 and reinvesting them would have resulted in shares worth $2,209.33 today.