<div id="readability-page-1"><p>Bank of America Corp DE boosted its holdings in  Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 0.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,805,720 shares of the semiconductor company's stock after buying an additional 115,158 shares during the period. Bank of America Corp DE owned approximately 0.29% of Taiwan Semiconductor Manufacturing worth $3,353,348,000 as of its most recent SEC filing.</p><ul><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li></ul><p>A number of other institutional investors have also recently bought and sold shares of the business. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of  Taiwan Semiconductor Manufacturing during the second quarter worth $33,000.  First Command Advisory Services Inc. lifted its stake in  Taiwan Semiconductor Manufacturing by 174.1% in the second quarter. First Command Advisory Services Inc. now owns 159 shares of the semiconductor company's stock valued at $36,000 after buying an additional 101 shares during the period.  1248 Management LLC bought a new position in  Taiwan Semiconductor Manufacturing during the first quarter worth about $28,000.  CoreFirst Bank &amp; Trust acquired a new position in shares of  Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $45,000.  Finally, VSM Wealth Advisory LLC acquired a new position in shares of  Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $50,000. Institutional investors and hedge funds own  16.51% of the company's stock. </p><h2>Taiwan Semiconductor Manufacturing Stock Performance</h2><p>Shares of TSM opened at $291.87 on Friday. The firm has a market cap of $1.51 trillion, a P/E ratio of 29.94, a PEG ratio of 1.05 and a beta of 1.31. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $134.25 and a twelve month high of $313.98. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 2.69. The firm's 50 day moving average price is $293.64 and its two-hundred day moving average price is $256.34. </p><ul><li>Intel’s Black Friday Breakout: Apple Rumors Fuel a Holiday Rally</li></ul><p>Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings data on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.33. The company had revenue of $32.36 billion during the quarter, compared to the consensus estimate of $951.89 billion. Taiwan Semiconductor Manufacturing had a net margin of 43.72% and a return on equity of 34.34%. The firm's revenue was up 40.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.94 earnings per share.  On average, analysts forecast that  Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year. </p><h2>Taiwan Semiconductor Manufacturing Increases Dividend</h2><p>The company also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Tuesday, March 17th will be paid a $0.9678 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $3.87 annualized dividend and a dividend yield of 1.3%. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.83. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 25.85%. </p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>These 3 Tech Companies Are Suddenly Paying Bigger Dividends</li></ul><p>A number of analysts recently weighed in on TSM shares. Itau BBA Securities assumed coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They issued an &#34;outperform&#34; rating on the stock. UBS Group  set a $330.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Sunday, December 7th. Weiss Ratings  reiterated a &#34;buy (b-)&#34; rating on shares of Taiwan Semiconductor Manufacturing in a report on Monday. Wall Street Zen lowered shares of Taiwan Semiconductor Manufacturing from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Saturday, December 6th. Finally, Susquehanna upped their price objective on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a &#34;positive&#34; rating in a research report on Friday, October 10th. Seven research analysts have rated the stock with a Buy rating,  According to MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of &#34;Buy&#34; and an average price target of $355.00.</p><p><b>Get Our Latest Stock Report on Taiwan Semiconductor Manufacturing</b></p><h2>Taiwan Semiconductor Manufacturing Profile</h2> (Free Report)<p>Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Taiwan Semiconductor Manufacturing</li><li>Trading Halts Explained</li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li><li>How to Choose Top Rated Stocks</li><li>The Best Holiday Present You Can Give Yourself? Costco Stock</li><li>Expert Stock Trading Psychology Tips</li><li>Why Zscaler Stock Could Be Ready to Bounce After a 30% Selloff</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRTTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRTTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Taiwan Semiconductor Manufacturing Right Now?</h2><p>Before you consider Taiwan Semiconductor Manufacturing, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Taiwan Semiconductor Manufacturing wasn't on the list.</p><p>While Taiwan Semiconductor Manufacturing currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Bank of America Corp DE increased its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 0.8% in Q2, owning 14,805,720 shares worth $3.35 billion. Analysts have given TSM a 'Buy' rating with an average price target of $355. The company reported strong quarterly earnings, with EPS of $2.92 and revenue up 40.1% year-over-year. TSM also raised its quarterly dividend to $0.9678 per share.</p>

- Bank of America Corp DE increased its stake in Taiwan Semiconductor Manufacturing Company by 0.8%, owning approximately 14.8 million shares valued at $3.35 billion.  
- The company reported earnings of $2.92 per share for the last quarter, exceeding estimates, with revenue of $32.36 billion, a 40.1% increase year-over-year.  
- Analysts maintain a "Buy" rating for the stock, with an average price target of $355.00, while the company recently declared a quarterly dividend of $0.9678.

Bank of America Corp DE Has $3.35 Billion Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM