Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock: TB Alternative Assets Ltd. Lowers Holdings

Posted by Stanley Muller on Oct 17th, 2026

TB Alternative Assets Ltd. trimmed its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) by 46.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 84,644 shares of the semiconductor company’s stock after selling 73,746 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for about 8.0% of TB Alternative Assets Ltd.’s investment portfolio, making the stock its 4th biggest position. TB Alternative Assets Ltd.’s holdings in Taiwan Semiconductor Manufacturing were worth $38,614,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Riverbend Wealth Management LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 28.0% during the third quarter. Riverbend Wealth Management LLC now owns 2,133 shares of the semiconductor company’s stock worth $973,000 after buying an additional 467 shares in the last quarter. Sustainable Growth Advisers LP increased its stake in shares of Taiwan Semiconductor Manufacturing by 390.9% in the third quarter. Sustainable Growth Advisers LP now owns 444,118 shares of the semiconductor company’s stock worth $202,602,000 after buying an additional 353,656 shares during the last quarter. ACT Advisors LLC. raised its holdings in Taiwan Semiconductor Manufacturing by 14.4% in the third quarter. ACT Advisors LLC. now owns 777 shares of the semiconductor company’s stock valued at $354,000 after acquiring an additional 98 shares in the last quarter. Iams Wealth Management LLC raised its holdings in Taiwan Semiconductor Manufacturing by 1,263.6% in the third quarter. Iams Wealth Management LLC now owns 5,836 shares of the semiconductor company’s stock valued at $2,662,000 after acquiring an additional 5,408 shares in the last quarter. Finally, NFSG Corp raised its holdings in Taiwan Semiconductor Manufacturing by 68.4% in the third quarter. NFSG Corp now owns 7,939 shares of the semiconductor company’s stock valued at $3,622,000 after acquiring an additional 3,225 shares in the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on TSM shares. Bank of America increased their price objective on shares of Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Zacks Research raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Sanford C. Bernstein upped their target price on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an “outperform” rating in a research note on Tuesday, August 11th. Wall Street Zen lowered shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Barclays increased their price target on shares of Taiwan Semiconductor Manufacturing from $665.00 to $670.00 and gave the stock an “overweight” rating in a research report on Friday. Three investment 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 company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $528.78.

View Our Latest Stock Report on TSM

Key Stories Impacting Taiwan Semiconductor Manufacturing

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

Positive Sentiment: Record results and strong guidance support the long-term outlook. Third-quarter net income rose 68.7% year over year to NT$763.1 billion, while revenue increased about 51% and exceeded analyst estimates. TSMC also forecast fourth-quarter revenue of $52.3 billion to $54.3 billion, well above the consensus estimate. TSMC posts record profit for a sixth straight quarter
Positive Sentiment: AI demand remains the key growth driver. Advanced technologies represented 79% of wafer revenue, and management reported no signs of a slowdown in demand for AI and high-performance-computing chips. Full-year 2026 revenue growth is expected to be approximately 44%, while annual 2-nanometer capacity is projected to more than double in 2027. Three key takeaways for long-term investors
Positive Sentiment: Analysts remain bullish. DA Davidson reaffirmed its Buy rating with a $500 target, while Needham raised its target to $560. Articles also highlight TSMC’s manufacturing scale and competitive moat as potential benefits from continued AI infrastructure investment. TSMC long-term investment outlook
Neutral Sentiment: Capacity expansion is both an opportunity and a concern. TSMC is considering additional U.S. expansion, including potential involvement in Elon Musk’s proposed Texas “Terafab,” while Taiwan is planning Texas industrial parks for Nvidia suppliers. These projects could improve customer access and supply-chain resilience but increase execution and investment requirements. TSMC talks with Elon Musk’s Terafab
Negative Sentiment: Large capital expenditures are weighing on sentiment. TSMC’s roughly $64 billion spending plan has prompted questions about returns, potential overcapacity and whether AI demand can justify the industry’s investment pace. Investors also remain concerned about AI companies’ debt financing and profitability. Why TSMC’s spending plan concerns investors
Negative Sentiment: Sector-wide risk aversion is overpowering the earnings beat. Chip stocks are selling off amid inflation, higher interest rates, concerns about AI financing and questions about whether the AI boom has already been priced into valuations. Commentary also notes that TSMC’s strong results may have raised expectations too high. Chip stocks tumble on AI investment worries

Insiders Place Their Bets

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

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE TSM traded down $9.10 during trading on Friday, reaching $413.15. The stock had a trading volume of 16,622,028 shares, compared to its average volume of 10,450,369. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $266.82 and a one year high of $487.47. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46. The stock has a market cap of $2.14 trillion, a PE ratio of 26.59, a P/E/G ratio of 0.87 and a beta of 1.37. The firm’s 50 day moving average price is $434.71 and its two-hundred day moving average price is $417.11.

Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last posted its quarterly earnings results on Tuesday, September 8th. The semiconductor company reported $4.62 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. The business had revenue of $46.87 billion for the quarter. On average, research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.65 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently announced 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. This represents a $4.34 dividend on an annualized basis and a dividend yield of 1.1%. This is a negative change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. The ex-dividend date of this dividend is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 24.96%.

Taiwan Semiconductor Manufacturing Profile

(Free Report)

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.