AK Global Asset Management LLC Makes New $2.21 Million Investment in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• AK Global Asset Management opened a new position in Taiwan Semiconductor Manufacturing, buying 6,532 shares worth about $2.21 million. TSMC now represents roughly 2.1% of the firm’s portfolio.
• TSMC’s latest quarterly results were strong, with EPS of $3.49 beating estimates and revenue of $35.49 billion slightly ahead of expectations. Revenue jumped 40.6% year over year, underscoring continued momentum.
• The company also raised its quarterly dividend to $1.1136 per share from $0.95, and analysts remain broadly positive with a consensus rating of Buy and an average price target of $449.38.

AK Global Asset Management LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 6,532 shares of the semiconductor company's stock, valued at approximately $2,207,000. Taiwan Semiconductor Manufacturing makes up approximately 2.1% of AK Global Asset Management LLC's portfolio, making the stock its 13th biggest position.

Other hedge funds have also made changes to their positions in the company. Quattro Advisors LLC acquired a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter worth about $27,000. Stephens Consulting LLC boosted its stake in Taiwan Semiconductor Manufacturing by 82.0% during the 4th quarter. Stephens Consulting LLC now owns 91 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 41 shares during the period. Evolution Wealth Management Inc. grew its holdings in Taiwan Semiconductor Manufacturing by 257.7% in the 1st quarter. Evolution Wealth Management Inc. now owns 93 shares of the semiconductor company's stock valued at $31,000 after buying an additional 67 shares during the last quarter. Finally, Strategic Advocates LLC increased its position in Taiwan Semiconductor Manufacturing by 62.1% in the 4th quarter. Strategic Advocates LLC now owns 94 shares of the semiconductor company's stock worth $28,000 after buying an additional 36 shares during the period. Institutional investors and hedge funds own 16.51% of the company's stock.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: TSMC remains a key beneficiary of the AI buildout, with articles highlighting full utilization at its 3nm capacity, pricing power from advanced-node shortages, and continued demand from hyperscalers like Amazon, Google, and Meta. Silicon Starvation: Amazon Feasts on Legacy GPUs
• Positive Sentiment: Wall Street optimism remained intact in some coverage, including analyst upgrades and higher price targets that argued TSMC’s growth and margin profile are still strong despite recent volatility. Silicon Starvation: Amazon Feasts on Legacy GPUs
• Positive Sentiment: AI-related semiconductor spending continues to be a major tailwind, with several pieces describing record chip demand and suggesting TSMC is well positioned to capture that growth as a critical foundry in the supply chain. AI Powering Semiconductor Sales: 4 Stocks to Boost Your Portfolio
• Neutral Sentiment: One article noted TSMC received a credit upgrade, but questioned whether much of the upside is already reflected in the stock after its strong rally. Taiwan Semiconductor Manufacturing (TSM) Wins A Credit Upgrade, Is The Rally Already Priced In?
• Neutral Sentiment: Other coverage framed the recent weakness as liquidity-driven rather than fundamental, saying a margin cascade in South Korea and broader chip-sector deleveraging hit TSMC alongside other AI names. The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
• Negative Sentiment: Near-term sentiment was hurt by a broader semiconductor sell-off, with TSMC falling more sharply than the market as investors rotated out of chip stocks. TSMC (TSM) Falls More Steeply Than Broader Market: What Investors Need to Know
• Negative Sentiment: Goldman Sachs reportedly turned cautious on TSMC, adding pressure to the stock amid valuation concerns after its strong run. Goldman Sachs turns its back on major semiconductor stock Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Stock Performance

NYSE TSM opened at $432.05 on Wednesday. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $223.70 and a twelve month high of $479.00. The company has a quick ratio of 2.31, a current ratio of 2.49 and a debt-to-equity ratio of 0.16. The stock has a market cap of $2.24 trillion, a P/E ratio of 35.94, a PEG ratio of 1.14 and a beta of 1.36. The company's 50-day simple moving average is $423.77 and its 200 day simple moving average is $371.35.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings data on Wednesday, April 15th. The semiconductor company reported $3.49 earnings per share for the quarter, beating analysts' consensus estimates of $3.31 by $0.18. The company had revenue of $35.49 billion for the quarter, compared to the consensus estimate of $35.47 billion. Taiwan Semiconductor Manufacturing had a return on equity of 36.81% and a net margin of 46.97%.The company's quarterly revenue was up 40.6% on a year-over-year basis. During the same period in the previous year, the business earned $2.12 earnings per share. As a group, research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.35 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be issued a dividend of $1.1136 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.95. This represents a $4.45 dividend on an annualized basis and a dividend yield of 1.0%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 25.12%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on TSM. Needham & Company LLC increased their price objective on Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the company a "buy" rating in a research report on Thursday, April 16th. Susquehanna upped their target price on shares of Taiwan Semiconductor Manufacturing from $500.00 to $575.00 and gave the company a "positive" rating in a research note on Monday, June 22nd. Zacks Research downgraded shares of Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "hold" rating in a report on Monday, March 16th. DA Davidson restated a "buy" rating and issued a $450.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 17th. Finally, Barclays boosted their price objective on shares of Taiwan Semiconductor Manufacturing from $450.00 to $470.00 and gave the stock an "overweight" rating in a report on Wednesday, April 22nd. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing currently has an average rating of "Buy" and a consensus price target of $449.38.

Insider Activity

In other news, VP Bor-Zen Tien bought 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction dated Monday, June 29th. The shares were bought at an average price of $76.64 per share, for a total transaction of $76,640.00. Following the purchase, the vice president owned 12,051 shares of the company's stock, valued at approximately $923,588.64. This trade represents a 9.05% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Lipen Yuan bought 1,000 shares of the stock in a transaction dated Monday, June 22nd. The stock was acquired at an average price of $79.19 per share, with a total value of $79,190.00. Following the completion of the purchase, the vice president owned 5,000 shares of the company's stock, valued at $395,950. This represents a 25.00% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have bought 5,496 shares of company stock worth $404,567. Corporate insiders own 1.11% of the company's stock.

About Taiwan Semiconductor Manufacturing

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.

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