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Antipodes Partners Ltd, managed by Jacob Mitchell, recently executed a significant transaction involving Taiwan Semiconductor Manufacturing Company Limited ((TSM)). The hedge fund reduced its position by 4,418 shares.
Recent Updates on Taiwan Semiconductor Manufacturing Company Limited stock
TSMC shares have recently traded around $398–$402 near record highs, with light-to-average options volume and elevated implied volatility implying ~$11 daily moves. Despite mixed to moderately bearish options sentiment and stronger demand for downside protection, the stock remains up YTD around 30%. Hedge funds Manning & Napier and Guardcap trimmed TSM stakes, but analysts stay bullish with targets up to $490–$470, citing AI/HPC demand, the new A13 process, and a 2029 Arizona CoWoS/3D‑IC plant supporting long-term growth.
Spark’s Take on TSM Stock
According to Spark, TipRanks’ AI Analyst, TSM is a Outperform.
The score is driven primarily by exceptional profitability and a strong balance sheet, reinforced by upbeat guidance and AI/HPC-led demand. Technicals add support via a clear uptrend. Offsetting factors are a not-cheap valuation, capex-driven free-cash-flow conversion limits, and near-term margin dilution/packaging constraints highlighted on the earnings call.
To see Spark’s full report on TSM stock, click here.
More about Taiwan Semiconductor Manufacturing Company Limited
YTD Price Performance: 32.45%
Average Trading Volume: 13,423,930
Current Market Cap: $1865.9B