Spear Holdings RSC Ltd Lowers Stock Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Spear Holdings RSC Ltd trimmed its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 16.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 244,500 shares of the semiconductor company’s stock after selling 49,500 shares during the quarter. Taiwan Semiconductor Manufacturing comprises about 3.8% of Spear Holdings RSC Ltd’s holdings, making the stock its 13th largest position. Spear Holdings RSC Ltd’s holdings in Taiwan Semiconductor Manufacturing were worth $68,286,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in TSM. Massachusetts Financial Services Co. MA increased its holdings in shares of Taiwan Semiconductor Manufacturing by 3.6% in the third quarter. Massachusetts Financial Services Co. MA now owns 15,759,419 shares of the semiconductor company’s stock worth $4,401,448,000 after buying an additional 541,047 shares during the period. Bank of America Corp DE increased its stake in shares of Taiwan Semiconductor Manufacturing by 0.8% during the second quarter. Bank of America Corp DE now owns 14,805,720 shares of the semiconductor company’s stock valued at $3,353,348,000 after purchasing an additional 115,158 shares in the last quarter. Jennison Associates LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 26.7% in the second quarter. Jennison Associates LLC now owns 12,046,792 shares of the semiconductor company’s stock worth $2,728,478,000 after acquiring an additional 2,537,760 shares in the last quarter. Alliancebernstein L.P. increased its stake in Taiwan Semiconductor Manufacturing by 18.0% during the 2nd quarter. Alliancebernstein L.P. now owns 10,457,800 shares of the semiconductor company’s stock valued at $2,368,587,000 after purchasing an additional 1,593,786 shares in the last quarter. Finally, WCM Investment Management LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 3.3% in the 2nd quarter. WCM Investment Management LLC now owns 10,058,659 shares of the semiconductor company’s stock worth $2,299,108,000 after purchasing an additional 324,615 shares in the last quarter. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing News Summary

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

• Positive Sentiment: Analysts point to a lifted capex outlook and multi-year AI demand: a recent note says TSMC’s higher capex guidance implies an AI buildout cycle through 2028, with strong node utilization (N2/N3/N5), margin expansion and a capex “supercycle” supporting multi-year revenue and profitability upside. Taiwan Semiconductor: Capex Guidance Raise Suggests AI Buildout Cycle Until 2028
• Positive Sentiment: Industry commentary singles out TSMC as the highest‑conviction play in the 2026 AI boom — a bullish narrative that can draw buy-side conviction and support multiple expansion as investors favor dominant foundries. TSM Stock: The Highest Conviction Play In The Semiconductor Stack
• Positive Sentiment: Wall Street coverage is turning more bullish on TSMC’s AI dominance — momentum in analyst sentiment and media coverage can amplify flows into TSM and its sector peers. Wall Street Gets More Bullish on TSMC’s AI Dominance
• Positive Sentiment: TSMC’s strong results and outlook also helped lift equipment suppliers (e.g., ASML) — a sign that healthy capex at TSMC is broadening demand across the supplier ecosystem, reducing execution risk for scaling advanced nodes. TSMC Just Delivered Incredible News for ASML Investors
• Neutral Sentiment: Operational repositioning: TSMC plans to shrink mature-node capacity (reducing older lines by ~15–20% by 2028) to prioritize next‑gen, high-growth technologies — a structural move that should improve long‑term capital efficiency and margins but could compress some legacy revenue in the near term. Taiwan Semiconductor Shrinks Old Chip Lines, Goes All-In On Next-Gen Tech
• Neutral Sentiment: Corporate housekeeping: TSMC filed routine Form 6‑K disclosures on executive shareholding changes and reported board refreshes at its North America subsidiary — routine governance updates that generally reduce uncertainty but don’t materially change the business outlook. TSMC Reports December 2025 Executive Shareholding Change and Portfolio Adjustments TSMC North America Refreshes Board With New Director Appointments

Analyst Upgrades and Downgrades

Several analysts recently commented on TSM shares. UBS Group set a $330.00 price objective on Taiwan Semiconductor Manufacturing in a report on Sunday, December 7th. Argus upgraded shares of Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a report on Thursday, January 15th. TD Cowen raised their target price on shares of Taiwan Semiconductor Manufacturing from $325.00 to $370.00 and gave the company a “hold” rating in a report on Friday, January 16th. The Goldman Sachs Group reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, January 5th. Finally, Needham & Company LLC raised their price target on Taiwan Semiconductor Manufacturing from $360.00 to $410.00 and gave the stock a “buy” rating in a research note on Thursday, January 15th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing has a consensus rating of “Buy” and an average target price of $381.67.

Taiwan Semiconductor Manufacturing Stock Performance

TSM opened at $327.24 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $351.33. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.69 and a quick ratio of 2.47. The stock has a market cap of $1.70 trillion, a P/E ratio of 30.73, a P/E/G ratio of 0.93 and a beta of 1.29. The firm has a fifty day moving average price of $302.97 and a 200 day moving average price of $276.31.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Friday, November 14th. The semiconductor company reported $14.32 EPS for the quarter. The company had revenue of $32.50 billion during the quarter. Taiwan Semiconductor Manufacturing had a net margin of 45.13% and a return on equity of 36.18%. Equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Tuesday, March 17th will be issued a dividend of $0.9678 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.83. The ex-dividend date is Tuesday, March 17th. This represents a $3.87 dividend on an annualized basis and a yield of 1.2%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 23.57%.

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.