Goldman Sachs Value Stocks: Top 12 Stock Picks

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

Goldman Sachs’ Q4 2024 Stake Value: $2,183,461,911

P/E Ratio as of April 11: 20.76

Number of Hedge Fund Holders: 186

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the largest semiconductor firm in the world. As of the fourth quarter of 2024, Goldman Sachs held a significant position in TSM, with 11.05 million shares worth $2.18 billion. On April 10, investment advisory Bernstein maintained an Outperform rating on TSM with a price target of $251. The company kicked off 2025 strong, reporting Q1 revenue that topped expectations and came in near the high end of its guidance.

On February 14, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) declared a $0.6855 per share quarterly dividend. The dividend is set to be paid on July 10, to shareholders listed by June 12.

TSM announced on March 4 that it is spending an extra $100 billion to grow its chip-making business in the US, bringing its total investment to $165 billion. This is the biggest investment ever made in the US by a foreign company. The plan includes building three new factories, two packaging centers, and a big research center in Arizona. This move will create thousands of high-paying tech jobs, boost AI innovation, and help build a stronger US semiconductor supply chain.

Among the hedge funds tracked by Insider Monkey, 186 funds held stakes in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) at the end of Q4 2024, compared to 158 funds in the prior quarter. Ken Fisher’s Fisher Asset Management was the biggest position holder in the company, with 28.35 million shares valued at nearly $5.6 billion.