Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Purchased by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. grew its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 1.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 242,029 shares of the semiconductor company’s stock after buying an additional 2,955 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $107,572,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Fisher Asset Management LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 1.8% during the 4th quarter. Fisher Asset Management LLC now owns 18,146,900 shares of the semiconductor company’s stock valued at $5,514,662,000 after acquiring an additional 313,773 shares in the last quarter. Van ECK Associates Corp increased its holdings in Taiwan Semiconductor Manufacturing by 11.1% in the 4th quarter. Van ECK Associates Corp now owns 17,464,962 shares of the semiconductor company’s stock valued at $5,307,428,000 after purchasing an additional 1,750,824 shares in the last quarter. Bank of America Corp DE increased its holdings in Taiwan Semiconductor Manufacturing by 6.5% in the 4th 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. Coatue Management LLC increased its holdings 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 purchasing an additional 556,988 shares in the last quarter. Finally, Janus Henderson Group PLC raised its position in Taiwan Semiconductor Manufacturing by 7.7% in the fourth quarter. Janus Henderson Group PLC now owns 8,291,884 shares of the semiconductor company’s stock valued at $2,497,638,000 after purchasing an additional 594,780 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC’s planned global capacity expansion is designed to capture sustained AI and semiconductor demand. Its roughly $265 billion Arizona investment and approximately $4.06 billion European factory would strengthen its manufacturing footprint and improve supply-chain diversification. Taiwan Semiconductor Manufacturing Could Be 9% Above Fair Value As Capex Plans Grow
• Positive Sentiment: Industry forecasts point to approximately $1.4 trillion in annual AI infrastructure spending by 2030, positioning leading chip manufacturers such as TSMC to benefit from tight silicon capacity and continued investment in AI systems. AI Infrastructure Spending Is Set to Hit $1.4 Trillion by 2030
• Neutral Sentiment: Investment commentary from Artisan Partners highlighted resilient global equities, strong corporate earnings and enthusiasm around AI—factors supportive of TSMC’s long-term investment case, though it did not represent a new company-specific catalyst. TSMC: The Powerhouse of Advanced Semiconductor Manufacturing
• Neutral Sentiment: Reports about additional Taiwanese companies planning roughly $20 billion of U.S. investment reinforce the broader trend toward localized chip production, but the unnamed backers and lack of specific TSMC commitments make the direct stock impact uncertain. Why Is Taiwan Hiding the Backers of Its $20B US Pledge?
• Negative Sentiment: Analysts caution that TSMC’s Arizona expansion and broader overseas fab buildout will carry higher operating and construction costs than its Taiwan base, potentially pressuring margins even as AI demand drives revenue growth. TSMC’s Global Expansion Pressures Margins Amid AI-Driven Growth
• Negative Sentiment: One valuation analysis suggested TSM shares could be about 9% above fair value, indicating that strong AI expectations and an approximately 30-times earnings valuation may already reflect substantial future growth. Taiwan Semiconductor Manufacturing Could Be 9% Above Fair Value As Capex Plans Grow
• Negative Sentiment: Reports that an ETF sponsor filed for a leveraged bearish TSM product highlight the presence of short-term skepticism and elevated volatility, although the same sponsor later introduced a fund focused on the foundry sector’s growth. The Firm That Filed a Bet Against Taiwan Semiconductor Then Launched a Foundry Fund

Analysts Set New Price Targets

A number of brokerages have commented on TSM. Needham & Company LLC boosted their price objective on Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. Stifel Nicolaus assumed coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday. They issued a “buy” rating and a $515.00 target price for the company. Susquehanna raised their target price on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a “positive” rating in a report on Thursday, July 16th. Zacks Research raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Finally, Sanford C. Bernstein upped their price target on Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the stock an “outperform” rating in a report on Tuesday, August 11th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $523.22.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In related news, VP Bor-Zen Tien purchased 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 21st. The stock was acquired at an average price of $74.39 per share, for a total transaction of $223,170.00. Following the completion of the purchase, the vice president owned 4,000 shares in the company, valued at approximately $297,560. This represents a 300.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Lipen Yuan purchased 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was bought at an average cost of $74.50 per share, for a total transaction of $74,500.00. Following the completion of the acquisition, the vice president directly owned 6,000 shares of the company’s stock, valued at $447,000. This represents a 20.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 17,512 shares of company stock valued at $1,296,090 in the last three months. Corporate insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

Taiwan Semiconductor Manufacturing stock opened at $417.08 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $230.30 and a 12-month high of $479.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.46 and a quick ratio of 2.25. The company has a market capitalization of $2.16 trillion, a price-to-earnings ratio of 30.09, a price-to-earnings-growth ratio of 0.95 and a beta of 1.39. The firm’s fifty day moving average price is $420.70 and its 200 day moving average price is $397.74.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.25%. The company had revenue of $39.89 billion during the quarter. On average, research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.45 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

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