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Manning & Napier Advisors LLC, managed by Bill Manning, recently executed a significant transaction involving Taiwan Semiconductor Manufacturing Company Limited ((TSM)). The hedge fund reduced its position by 91,634 shares.
Recent Updates on Taiwan Semiconductor Manufacturing Company Limited stock
Taiwan Semiconductor’s shares recently traded around $398–$402, near record highs, with light-to-average options volume, elevated implied volatility, and steepened put‑call skew signaling stronger demand for downside protection. Analysts stay bullish with price targets up to $490 as AI/HPC demand, new A13 process plans, and a 2029 Arizona CoWoS/3D‑IC packaging plant underpin growth despite rich valuation and capacity constraints.
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: 31.15%
Average Trading Volume: 13,564,279
Current Market Cap: $1750.4B