Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stake Raised by Cardinal Capital Management Inc.

Cardinal Capital Management Inc. boosted its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 2.7% in the second quarter, HoldingsChannel reports. The fund owned 107,564 shares of the semiconductor company’s stock after buying an additional 2,823 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 1.2% of Cardinal Capital Management Inc.’s portfolio, making the stock its 24th biggest holding. Cardinal Capital Management Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $51,369,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Fisher Asset Management LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 1.8% in the fourth quarter. Fisher Asset Management LLC now owns 18,146,900 shares of the semiconductor company’s stock worth $5,514,662,000 after purchasing an additional 313,773 shares in the last quarter. Van ECK Associates Corp boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 11.1% during the fourth quarter. Van ECK Associates Corp now owns 17,464,962 shares of the semiconductor company’s stock worth $5,307,428,000 after purchasing an additional 1,750,824 shares during the period. Bank of America Corp DE grew its position in Taiwan Semiconductor Manufacturing by 6.5% during the fourth quarter. Bank of America Corp DE now owns 15,902,819 shares of the semiconductor company’s stock valued at $4,832,708,000 after purchasing an additional 966,926 shares in the last quarter. Jennison Associates LLC grew its position in Taiwan Semiconductor Manufacturing by 6.4% during the fourth quarter. Jennison Associates LLC now owns 13,394,299 shares of the semiconductor company’s stock valued at $4,070,393,000 after purchasing an additional 802,757 shares in the last quarter. Finally, Coatue Management LLC increased its stake in Taiwan Semiconductor Manufacturing by 6.9% in the 4th quarter. Coatue Management LLC now owns 8,629,524 shares of the semiconductor company’s stock valued at $2,622,426,000 after buying an additional 556,988 shares during the period. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on TSM shares. Sanford C. Bernstein increased their target price on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the stock an “outperform” rating in a research report on Tuesday. Weiss Ratings upgraded shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, July 28th. TD Cowen boosted their price target on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a “hold” rating in a report on Friday, July 17th. Wall Street Zen downgraded shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, Bank of America increased their price objective on Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $524.25.

Insiders Place Their Bets

In other news, VP Lipen Yuan purchased 1,000 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were bought at an average price of $79.19 per share, with a total value of $79,190.00. Following the completion of the transaction, the vice president directly owned 5,000 shares in the company, valued at $395,950. This trade represents a 25.00% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Shyue-Shyh Lin purchased 1,000 shares of the company’s stock in a transaction dated Tuesday, July 21st. The stock was purchased at an average cost of $74.13 per share, for a total transaction of $74,130.00. Following the transaction, the vice president owned 30,269 shares of the company’s stock, valued at approximately $2,243,840.97. This trade represents a 3.42% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased 18,312 shares of company stock valued at $1,347,058 over the last 90 days. 1.11% of the stock is currently owned by company insiders.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE:TSM opened at $422.38 on Wednesday. The stock has a market capitalization of $2.19 trillion, a P/E ratio of 30.48, a P/E/G ratio of 0.96 and a beta of 1.38. The business has a 50-day moving average of $426.20 and a two-hundred day moving average of $388.73. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $223.70 and a fifty-two week high of $479.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.46 and a quick ratio of 2.25.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.37% and a net margin of 50.31%.The business had revenue of $39.89 billion for the quarter. On average, equities research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 EPS for the current fiscal year.

Trending Headlines about Taiwan Semiconductor Manufacturing

Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:

• Positive Sentiment: July revenue climbed 44.7% year over year. TSMC reported approximately NT$467.58 billion ($14.5 billion) in July sales, up 5.6% from June. The result reinforces strong demand for AI accelerators and advanced-node manufacturing and supports management’s bullish 2026 outlook. TSMC sales surge amid buoyant AI demand
• Positive Sentiment: Analysts see additional growth from CPUs and custom AI chips. Bernstein identified agentic AI as a potential catalyst for faster CPU-market growth, while Microsoft’s planned Maia 300 expansion could generate significant additional TSMC orders. Reports suggest Microsoft is seeking capacity for hundreds of thousands of chips, with a longer-term ambition exceeding one million units. CPUs could be a new growth driver for TSMC
• Positive Sentiment: Bernstein raised its TSMC price target to $554 and maintained an Outperform rating. The revision reflects expectations for strong AI-related growth and a potentially larger CPU opportunity. Erste Group also modestly increased its FY2027 EPS estimate to $21.57 from $21.25. Bernstein spots massive CPU opportunity
• Positive Sentiment: TSMC and Sony agreed to form a $4.69 billion Japanese image-sensor joint venture. Sony will control the venture and invest about $2.92 billion, while TSMC will contribute approximately $1.77 billion. Production in Kumamoto is expected to begin in 2029, expanding TSMC’s exposure to smartphones, automobiles, robotics and physical AI. TSMC to invest in Sony image-sensor joint venture
• Neutral Sentiment: TSMC’s board approved approximately $29.4 billion in capital expenditure and a second-quarter dividend, underscoring confidence in demand but also highlighting the scale of investment required to expand advanced-chip capacity.
• Negative Sentiment: Morningstar warned of revenue uncertainty in 2028–2029 as TSMC’s AI investments must demonstrate attractive returns. Geopolitical tensions and possible tighter U.S. restrictions on advanced-chip shipments to China add further risk. TSMC faces revenue uncertainty in 2028 and 2029
• Negative Sentiment: Despite the strong sales report, investor enthusiasm has been restrained because exceptional AI growth appears largely priced in. TSMC’s elevated valuation leaves the stock vulnerable if AI spending slows or its heavy capacity expansion produces weaker-than-expected returns.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry that provides wafer fabrication and related services to the global semiconductor industry. Founded in 1987 by Morris Chang and headquartered in Hsinchu, Taiwan, TSMC manufactures integrated circuits on behalf of fabless and integrated device manufacturers, offering contract chip production across a broad set of technologies and products.

TSMC’s service offering covers logic and mixed-signal process technologies, specialty processes for radio-frequency, power management and embedded memory, and advanced nodes used in mobile, high-performance computing and AI applications.