X Square Capital LLC Makes New $1.01 Million Investment in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

X Square Capital LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,121 shares of the semiconductor company’s stock, valued at approximately $1,013,000.

Other hedge funds have also added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its holdings 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 buying an additional 313,773 shares in the last quarter. Van ECK Associates Corp grew its stake in 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 valued at $5,307,428,000 after acquiring an additional 1,750,824 shares in the last quarter. Bank of America Corp DE grew its stake 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 acquiring an additional 966,926 shares in the last quarter. Jennison Associates LLC increased its holdings in Taiwan Semiconductor Manufacturing by 6.4% during the 4th quarter. Jennison Associates LLC now owns 13,394,299 shares of the semiconductor company’s stock worth $4,070,393,000 after acquiring an additional 802,757 shares during the period. Finally, Coatue Management LLC increased its holdings in Taiwan Semiconductor Manufacturing by 6.9% during the 4th quarter. Coatue Management LLC now owns 8,629,524 shares of the semiconductor company’s stock worth $2,622,426,000 after acquiring an additional 556,988 shares during the period. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Insider Activity

In other news, VP Shyue-Shyh Lin acquired 2,000 shares of the firm’s stock in a transaction that occurred on Sunday, July 19th. The shares were bought at an average cost of $71.71 per share, with a total value of $143,420.00. Following the acquisition, the vice president owned 28,269 shares in the company, valued at approximately $2,027,169.99. This represents a 7.61% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Lipen Yuan bought 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was purchased at an average price of $74.50 per share, with a total value of $74,500.00. Following the transaction, the vice president directly owned 6,000 shares in the company, valued at $447,000. The trade was a 20.00% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have bought 17,662 shares of company stock worth $1,307,491. 1.11% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have commented on TSM shares. Susquehanna raised their price target on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a “positive” rating in a report on Thursday, July 16th. DA Davidson upped their price target on shares of Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Sanford C. Bernstein upped their price target on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the stock an “outperform” rating in a report on Tuesday, August 11th. Wall Street Zen downgraded Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Bank of America lifted their price objective on Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Three research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Buy” and an average target price of $524.25.

Key Stories Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC raised its expected 2026 capital expenditures to $60 billion-$64 billion and said it plans to increase dividend payments. The spending is intended to expand capacity for artificial intelligence, high-performance computing, and 5G applications, signaling management’s confidence that semiconductor demand will remain strong. TSMC Commits Higher CapEx in 2026 While Raising Dividend Payouts
• Positive Sentiment: Wall Street’s generally bullish view continues to support TSMC’s investment case. Analysts point to its leadership in advanced-node manufacturing, stronger expected growth, and an attractive valuation relative to some competing foundries. Is It Worth Investing in TSMC Based on Wall Street’s Bullish Views?
• Positive Sentiment: Vice President Lipen Yuan disclosed purchases totaling 1,350 shares, increasing his direct holdings by roughly 20%. The insider buying may be interpreted as a vote of confidence in TSMC’s future, although the dollar value is small relative to the company’s market capitalization. TSMC Insider Trading Activity
• Neutral Sentiment: Reports highlight the expanding AI investment cycle and possible futures tied to GPU and AI-compute pricing. These developments could improve visibility for leading chip manufacturers such as TSMC, but they are not direct changes to the company’s earnings or operations. U.S. Markets Prepare for AI Compute Derivatives
• Negative Sentiment: Capacity constraints in advanced-chip manufacturing remain a potential near-term risk. Tight supply supports pricing, but production bottlenecks could limit how quickly TSMC converts AI demand into revenue and may increase execution and capital-spending risks. What Could TSMC Capacity Strains Mean for AI Demand?
• Negative Sentiment: TSMC trades at a premium to estimated intrinsic value in some valuation models, leaving the stock vulnerable to a pullback if AI growth expectations, margins, or expansion plans disappoint. TSMC Trades Above GF Value as Chip Capacity Tightens

Taiwan Semiconductor Manufacturing Stock Up 0.6%

Shares of NYSE:TSM opened at $418.58 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $225.63 and a 52-week high of $479.00. The firm has a fifty day moving average of $425.67 and a 200 day moving average of $393.23. The firm has a market capitalization of $2.17 trillion, a PE ratio of 30.20, a price-to-earnings-growth ratio of 0.96 and a beta of 1.38. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%.The business had revenue of $39.89 billion for the quarter. As a group, research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be given a dividend of $1.0854 per share. The ex-dividend date is Thursday, December 10th. This represents a $4.34 annualized dividend and a dividend yield of 1.0%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 21.43%.

Taiwan Semiconductor Manufacturing 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.