Zevenbergen Capital Investments LLC Buys 16,833 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Zevenbergen Capital Investments LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 15.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 125,498 shares of the semiconductor company’s stock after purchasing an additional 16,833 shares during the period. Taiwan Semiconductor Manufacturing comprises approximately 1.3% of Zevenbergen Capital Investments LLC’s portfolio, making the stock its 24th largest holding. Zevenbergen Capital Investments LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $57,251,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Brookstone Capital Management raised its stake in Taiwan Semiconductor Manufacturing by 87.3% in the second quarter. Brookstone Capital Management now owns 25,143 shares of the semiconductor company’s stock valued at $12,008,000 after buying an additional 11,719 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its position in shares of Taiwan Semiconductor Manufacturing by 273.2% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 81,189 shares of the semiconductor company’s stock worth $27,438,000 after acquiring an additional 59,435 shares in the last quarter. Opal Capital LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 72.5% in the 1st quarter. Opal Capital LLC now owns 27,767 shares of the semiconductor company’s stock valued at $9,384,000 after acquiring an additional 11,666 shares during the last quarter. Western Wealth Management LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 27.4% in the 1st quarter. Western Wealth Management LLC now owns 27,954 shares of the semiconductor company’s stock valued at $9,447,000 after acquiring an additional 6,013 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 306.7% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 52,397 shares of the semiconductor company’s stock worth $17,728,000 after acquiring an additional 39,514 shares in the last quarter. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Zacks Research raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. TD Cowen boosted their price objective on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Needham & Company LLC increased their target price on shares of Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Weiss Ratings lowered shares of Taiwan Semiconductor Manufacturing from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Finally, DA Davidson lifted their price target on shares of Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $524.89.

Insider Activity at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Shyue-Shyh Lin purchased 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 21st. The stock was purchased at an average price of $74.13 per share, for a total transaction of $74,130.00. Following the purchase, the vice president directly owned 30,269 shares in the company, valued at approximately $2,243,840.97. This trade represents a 3.42% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Lipen Yuan acquired 350 shares of the stock in a transaction on Tuesday, August 18th. The shares were acquired at an average cost of $73.58 per share, for a total transaction of $25,753.00. Following the completion of the transaction, the vice president directly owned 2,000 shares in the company, valued at $147,160. The trade was a 21.21% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired a total of 16,043 shares of company stock worth $1,185,746 in the last 90 days. 1.11% of the stock is owned by insiders.

Key Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: Record quarterly revenue beat expectations. TSMC reported third-quarter revenue of NT$1.494 trillion, up 50.9% year over year and ahead of both consensus and Wedbush estimates by roughly 3%. September sales rose 54.6% year over year to NT$511.86 billion, reinforcing that demand for AI accelerators and advanced chips remains robust. TSMC’s third-quarter revenue surges to record, beating market forecast
• Positive Sentiment: AI demand and capacity expansion remain key growth drivers. Reports say TSMC is considering capital spending of up to $64 billion, while its broader U.S. expansion—including the Arizona buildout—supports long-term supply for high-performance computing and AI customers. Industry commentary suggests demand may still exceed available capacity. TSMC Plans Up to $64 Billion in Capex
• Positive Sentiment: TSMC is partnering with GlobalFoundries on U.S. advanced packaging. The multiyear, $2 billion agreement will establish a U.S. supply of silicon interposers for TSMC’s CoWoS packaging ecosystem, helping expand capacity for AI and high-performance computing while strengthening supply-chain resilience. Production is expected to ramp in 2028. GlobalFoundries Lands $2 Billion TSMC Deal
• Neutral Sentiment: Insider buying provides a modest confidence signal. CEO C.C. Wei, the CFO, and multiple senior executives reported small open-market purchases. The transactions are collectively limited in size relative to TSMC’s market capitalization, so they are unlikely to materially affect the stock.
• Negative Sentiment: Strong results were not enough to overcome market and valuation concerns. TSM shares have decreased as investors took profits near record highs and broader technology stocks weakened. Higher oil prices and Treasury yields have pressured growth-stock valuations, while TSMC’s premium earnings multiple increases sensitivity to any slowdown in AI spending.
• Negative Sentiment: The Terafab opportunity appears limited. Elon Musk said Tesla and SpaceX intend to build and operate their planned Texas AI-chip facility themselves; TSMC could potentially sublease space but is not expected to run the project. This reduces expectations for a major near-term TSMC role. Elon Musk Rules Out Potential TSMC Role in Terafab Operations

Taiwan Semiconductor Manufacturing Stock Performance

NYSE:TSM traded down $14.27 during mid-day trading on Thursday, reaching $457.94. 13,394,533 shares of the stock were exchanged, compared to its average volume of 13,087,001. The stock has a market capitalization of $2.38 trillion, a P/E ratio of 33.04, a P/E/G ratio of 1.07 and a beta of 1.37. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $266.82 and a 1 year high of $487.47. The company has a 50 day simple moving average of $432.16 and a 200-day simple moving average of $413.53. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share for the quarter. The company had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%. Analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Thursday, December 10th will be given a $1.0854 dividend. This is a negative change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. The ex-dividend date is Thursday, December 10th. This represents a $4.34 annualized dividend and a yield of 0.9%. Taiwan Semiconductor Manufacturing’s payout ratio is currently 24.96%.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world’s largest dedicated semiconductor foundry. Founded in 1987 by Morris Chang, the company pioneered the pure-play foundry model, producing chips designed by other companies rather than selling products under its own semiconductor brand.

TSMC manufactures a broad range of integrated circuits, including advanced logic chips used in high-performance computing, smartphones, automotive systems, communications equipment, and consumer electronics.