12 Stocks Most Held by Hedge Funds

7. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Number of Hedge Fund Investors: 158

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is a leading global semiconductor foundry, renowned for its cutting-edge technology and manufacturing capabilities. The company has pioneered the dedicated foundry business model, enabling the rapid growth of the semiconductor industry by providing advanced process technologies and high-quality manufacturing services to a diverse range of customers.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has consistently maintained its position at the forefront of the semiconductor industry, driving advancements in areas such as high-performance computing (HPC), artificial intelligence (AI), and mobile technologies. The company is actively expanding its global manufacturing footprint to meet the growing demand for advanced semiconductor technologies and to provide geographic flexibility to its customers. In the United States, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) plans to build three fabs in Arizona, with the first expected to start volume production in early 2025. The second and third fabs are scheduled to begin production in 2028 and by the end of the decade, respectively. This expansion not only enhances Taiwan Semiconductor Manufacturing Company Limited’s (NYSE:TSM) capacity but also aims to strengthen its strategic partnership with U.S. customers and the U.S. semiconductor industry.

In Japan, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is preparing for the construction of a second fab, which will support consumer, automotive, industrial, and HPC-related applications, with volume production targeted by the end of 2027. Additionally, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has held a groundbreaking ceremony in Dresden, Germany, for a specialty technology fab focused on automotive and industrial applications, with volume production scheduled to begin by the end of 2027.