5 Best Asian Stocks To Buy Now

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

Number of Hedge Fund Investors In Q2 2023: 121

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is a Taiwanese contract chip manufacturer. The firm is currently caught in the crossfire between the U.S. and China due to Taiwan’s disputed status, which also threatens the global semiconductor supply chain since TSMC is the only company capable of producing the latest chips in high volume.

121 out of the 910 hedge funds tracked by Insider Monkey for their Q2 2023 shareholdings were the firm’s investors. Ken Fisher’s Fisher Asset Management is Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s biggest hedge fund investor since it owns 29.5 million shares for a whopping $2.9 billion stake.

Follow Taiwan Semiconductor Mfg Co Ltd (NYSE:TSM)

Disclosure: None. You can also take a look at Billionaire Ray Dalio’s 15 Best Stock Picks and 12 Best Performing NASDAQ Stocks in 2023.

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