TSMC's 58% Operating Margin Is the Entire Bull Case in One Number

As seen on the 24/7 Wall St. homepage on October 17, 2026.

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TSMC's 58% operating margin gives it pricing power ordinary manufacturers cannot access, and that is the bull case for the stock.

As long as the company holds that margin line, the argument for owning it stays intact.

Any compression would be the first real crack in the thesis.

Sources

Mentioned: TSM

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