TSMC Arizona Reaffirms Unchanged Board in December 2025 Shareholder Action

Claim 50% Off TipRanks Premium and Invest with Confidence Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potentialTSMC ( (TSM) ) just unveiled an update. On December 19, 2025, TSMC reported that its major U.S. subsidiary, TSMC Arizona Corporation, acted by written consent in lieu of an annual shareholder meeting to approve routine corporate governance matters. The Arizona unit’s shareholders confirmed the election of Ray Chuang, Rose Castanares, Shu-Hua (Sylvia) Fang and Jen-Chau (Wendell) Huang as directors, with the result that the board composition remains unchanged, signaling continuity in oversight and management as TSMC continues to build out its strategic manufacturing presence in the United States. The most recent analyst rating on (TSM) stock is a Buy with a $390.00 price target. To see the full list of analyst forecasts on TSMC stock, see the TSM Stock Forecast page. Spark’s Take on TSM Stock According to Spark, TipRanks’ AI Analyst, TSM is a Outperform. TSMC’s strong financial performance and positive earnings call sentiment are the primary drivers of its high score. While technical indicators show a positive trend, the high P/E ratio suggests potential overvaluation. The company’s strategic focus on advanced technologies and AI positions it well for future growth, despite challenges from overseas expansions and foreign exchange impacts. To see Spark’s full report on TSM stock, click here. More about TSMC Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a leading global semiconductor foundry that manufactures integrated circuits for a broad range of customers, including major chip designers serving markets such as high-performance computing, mobile devices, automotive electronics and consumer applications. Through subsidiaries like TSMC Arizona Corporation in the United States, the company is expanding its advanced manufacturing footprint to support global supply chain resilience and address growing demand for cutting-edge chip production. Average Trading Volume: 13,190,544 Technical Sentiment Signal: Buy Current Market Cap: $1176.4B