Caprock Group LLC Invests $21.63 Million in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Caprock Group LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 77,450 shares of the semiconductor company’s stock, valued at approximately $21,631,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Heartwood Wealth Advisors LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the third quarter worth approximately $32,000. Resources Management Corp CT ADV bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter valued at $32,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter valued at $33,000. First Command Advisory Services Inc. boosted its holdings in Taiwan Semiconductor Manufacturing by 174.1% in the 2nd quarter. First Command Advisory Services Inc. now owns 159 shares of the semiconductor company’s stock worth $36,000 after buying an additional 101 shares during the period. Finally, Fairman Group LLC increased its stake in Taiwan Semiconductor Manufacturing by 171.2% in the 3rd quarter. Fairman Group LLC now owns 141 shares of the semiconductor company’s stock worth $39,000 after buying an additional 89 shares in the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Argus raised Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a report on Thursday, January 15th. Freedom Capital raised Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research note on Thursday, January 15th. Dbs Bank raised Taiwan Semiconductor Manufacturing to a “moderate buy” rating in a report on Friday, January 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Taiwan Semiconductor Manufacturing in a report on Monday, December 29th. Finally, TD Cowen lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $325.00 to $370.00 and gave the company a “hold” rating in a research report on Friday, January 16th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Buy” and an average price target of $381.67.

Taiwan Semiconductor Manufacturing News Summary

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

• Positive Sentiment: January revenue jumped ~37% Y/Y to NT$401.26B, the highest monthly sales on record — clear evidence AI demand is accelerating and supports upside for near-term earnings and pricing power. TSMC Stock Hits Record High as Demand for AI Chips Drives Growth
• Positive Sentiment: TSMC’s board backed large 2026 capex plans plus increased dividend/bonus distributions after strong 2025 results — supports investor confidence and indicates management expects sustained demand. TSMC Board Backs Massive 2026 Capex, Dividend and Bonus Payouts After Strong 2025 Results
• Positive Sentiment: Wholly owned subsidiary TSMC Global cleared steps to raise up to US$30B in capital — strengthens funding flexibility for fabs and capex without diluting the parent. TSMC Subsidiary TSMC Global Clears Path for Capital Increase of Up to US$30 Billion
• Positive Sentiment: U.S. officials are reportedly considering carve-outs from upcoming chip tariffs tied to firms’ U.S. investment commitments — a potential tailwind if TSMC’s U.S. expansion receives preferential treatment. US plans Big Tech carve-out from next wave of chip tariffs
• Neutral Sentiment: TSMC is expanding fabs overseas (e.g., Arizona) but Taiwan policymakers are setting limits on how much capacity moves — this reduces geopolitical risk for customers but may complicate global capacity planning. TSMC (TSM) Expands in Arizona, but Taiwan Draws Limits on U.S. Chip Shift
• Neutral Sentiment: Analysts and outlets are reassessing valuation after the rally — momentum is strong but the stock now trades at premium multiples, so upside depends on execution and margin preservation. Assessing Taiwan Semiconductor Manufacturing’s Valuation After Strong Recent Share Price Gains
• Negative Sentiment: Industry leaders warn TSMC may need to roughly double capacity to meet AI demand — implies years of heavy capex, execution risk and potential supply bottlenecks that could pressure margins or delay deliveries. TSMC Must Double Its Capacity to Meet Massive AI Demand, According to Jensen Huang
• Negative Sentiment: Taiwan’s pushback on a large-scale U.S. shift of chipmaking could keep advanced fabs concentrated in Taiwan — a geopolitical concentration risk investors must price in. ‘Impossible!’: Taiwan slams the brakes on US demands for 40% chip shift

Taiwan Semiconductor Manufacturing Price Performance

Shares of Taiwan Semiconductor Manufacturing stock opened at $362.01 on Wednesday. The firm has a market cap of $1.88 trillion, a PE ratio of 33.99, a PEG ratio of 0.99 and a beta of 1.31. The stock has a 50 day moving average of $317.26 and a 200 day moving average of $286.39. The company has a current ratio of 2.69, a quick ratio of 2.47 and a debt-to-equity ratio of 0.19. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $364.76.

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

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.