6 days ago
Davis Selected Advisers Boosts Stake in Taiwan Semiconductor
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Davis Selected Advisers, managed by Chris Davis, recently executed a significant transaction involving Taiwan Semiconductor Manufacturing Company Limited ((TSM)). The hedge fund increased its position by 7,200 shares.
Recent developments in Taiwan Semiconductor Manufacturing Company Limited (TSMC) highlight significant financial growth and strategic market positioning. TSMC reported a 22.5% increase in July 2025 revenue compared to June 2025, and a 25.8% increase from July 2024, with total revenue for the first seven months of 2025 up 37.6% year-over-year. The company is exempt from U.S. tariffs due to its U.S. plant setup. Despite a temporary stock decline to $234.71, shares rebounded to $245.74, reflecting mixed market sentiments and a modestly bullish tone. Analysts maintain a 'Buy' rating with a $220 price target, supported by TSMC's robust financial performance and strategic advancements. Recent hedge fund activities include Antipodes Partners reducing its stake, while First Eagle and ARK Investment Management increased their holdings. TSMC also faced a security breach leading to legal actions, and appointed Alex Huang as the new Treasurer of its global subsidiary.
Spark's Take on TSM Stock
According to Spark, TipRanks' AI Analyst, TSM is a Outperform.
TSMC's strong financial performance and positive earnings call sentiment are the primary drivers of its overall stock score. The company's robust revenue growth, efficient operations, and strategic positioning in advanced technologies contribute significantly. However, the high valuation and technical indicators suggest caution due to potential short-term volatility.
To see Spark's full report on TSM stock, click here.
YTD Price Performance: 23.17%
Average Trading Volume: 11,694,150
Current Market Cap: $1018.9B
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