Billionaire Dan Loeb’s Top Stock Picks

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

Number of Hedge Fund Holders: 158  

Third Point’s Stake: $309.1 million 

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) makes and sells integrated circuits and semiconductors. This company presents a solid investment opportunity, supported by the following points. To begin, the report for the fourth quarter of 2024 solidifies the position of the company as a leading company in the semiconductor industry. For instance, TSMC reported revenues of approximately $26.4 billion, a 38.8% increase year-over-year. Secondly, the company marked a significant milestone in sustainable manufacturing with the inauguration of the Taichung Zero Waste Manufacturing Center. During the ceremony, TSMC also signed a Memorandum of Understanding (MOU) on carbon capture with the Ministry of Environment. This would help the company prioritize and invest in the circular economy, accelerating development momentum to create a better planet for future generations. Moreover, TSMC has signed a memorandum of understanding with Amkor Technology to collaborate and bring advanced packaging and test capabilities to Arizona, further expanding the region’s semiconductor ecosystem.

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