TSMC (ADR)

Artisan Global Opportunities highlighted Taiwan Semiconductor Manufacturing Company Limited as a top contributor, citing AI-driven pricing power and supply constraints for advanced capacity. Recent results beat expectations with revenue up 41% and gross margins expanding to 66%, supporting robust demand and earnings momentum. The firm expects a durable profit cycle backed by bottleneck positioning in the AI supply chain and recent price increases. » More on finance.yahoo.com

Giverny Capital highlighted Taiwan Semiconductor Manufacturing Company as a leading contributor in its Q1 2026 investor letter, noting the stock held up while major customers saw valuation declines. TSMC's shares rose strongly over the past year (52-week gain 102.41%) and the company reported sequential revenue growth of 6.4% to $35.9 billion, beating guidance. The firm noted the PE valuation gap versus customers is narrowing amid resilient demand from Nvidia, Broadcom and Apple. » More on finance.yahoo.com

TSMC says customer demand from AI is so high that the company can only support so much capacity and may take a very long time to fulfill needs with US-based production. CEO C.C. Wei said TSMC is trying to avoid becoming a bottleneck and would prefer to raise prices but will not enact abrupt hikes. The company has opened an Arizona fab and plans to invest $165 billion in three more US plants, two advanced packaging sites and an R&D center as it scales capacity. » More on theverge.com

Ark Invest led by Cathie Wood bought 139,117 shares of Peter Thiel-backed Bullish across its ETFs, spending roughly $5 million (after a $3.1 million purchase the prior day). At the same time Ark sold 2,131 shares of Taiwan Semiconductor from its ARKW fund for about $867,637 at $407.15, citing rebalancing amid relative-strength moves in large-cap semiconductors. The trades reflect Ark's tactical adjustments to evolving market conditions. » More on finance.yahoo.com

Taiwan Semiconductor Manufacturing projects the global semiconductor market will top $1.5 trillion by 2030, with AI and high-performance computing representing about 55%, smartphones 20% and automotive 10%. The company is accelerating capacity additions in 2025–2026, planning nine phases of wafer fabs and advanced packaging facilities in 2026. It also forecasts CoWoS advanced packaging capacity to grow at a CAGR above 80% from 2022 to 2027. » More on finance.yahoo.com