<div id="readability-page-1"><p>Nikko Asset Management Americas Inc. boosted its position in  Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 120.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 438,831 shares of the semiconductor company's stock after purchasing an additional 239,331 shares during the period. Taiwan Semiconductor Manufacturing comprises  1.0% of Nikko Asset Management Americas Inc.'s holdings, making the stock its 26th largest position. Nikko Asset Management Americas Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $99,356,000 at the end of the most recent quarter.</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 TSM. Brighton Jones LLC raised its stake in  Taiwan Semiconductor Manufacturing by 20.9% in the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock valued at $2,159,000 after acquiring an additional 1,892 shares during the period.  Charles Schwab Investment Management Inc. acquired a new position in shares of  Taiwan Semiconductor Manufacturing in the first quarter valued at $908,000.  Sit Investment Associates Inc. raised its position in shares of  Taiwan Semiconductor Manufacturing by 2.9% in the first quarter. Sit Investment Associates Inc. now owns 20,807 shares of the semiconductor company's stock valued at $3,454,000 after purchasing an additional 593 shares during the period.  Aberdeen Group plc lifted its stake in shares of  Taiwan Semiconductor Manufacturing by 8.1% during the 1st quarter. Aberdeen Group plc now owns 382,478 shares of the semiconductor company's stock worth $63,491,000 after buying an additional 28,668 shares during the last quarter.  Finally, Nations Financial Group Inc. IA ADV boosted its holdings in shares of  Taiwan Semiconductor Manufacturing by 3.3% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 9,303 shares of the semiconductor company's stock worth $1,544,000 after buying an additional 299 shares during the period. Institutional investors and hedge funds own  16.51% of the company's stock. </p><h2>Taiwan Semiconductor Manufacturing Stock Down 4.3%</h2><p>NYSE TSM opened at $291.87 on Friday. The company has a current ratio of 2.69, a quick ratio of 2.47 and a debt-to-equity ratio of 0.19. The company has a market cap of $1.51 trillion, a price-to-earnings ratio of 29.94, a PEG ratio of 1.00 and a beta of 1.31. The company has a 50 day moving average of $293.64 and a 200-day moving average of $256.75. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $134.25 and a 1-year high of $313.98. </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 posted its quarterly earnings data on Thursday, October 16th. The semiconductor company reported $2.92 EPS for the quarter, topping analysts' consensus estimates of $2.59 by $0.33. The firm had revenue of $32.36 billion for the quarter, compared to analyst estimates of $951.89 billion. Taiwan Semiconductor Manufacturing had a return on equity of 34.34% and a net margin of 43.72%.The company's revenue was up 40.1% on a year-over-year basis. During the same quarter last year, the company earned $1.94 EPS.  On average, equities research analysts expect that  Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year. </p><h2>Taiwan Semiconductor Manufacturing Increases Dividend</h2><p>The business also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Tuesday, March 17th will be given a $0.9678 dividend. The ex-dividend date is Tuesday, March 17th. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.83. This represents a $3.87 dividend on an annualized basis and a dividend yield of 1.3%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 25.85%. </p><h2>Analysts Set New Price Targets</h2><ul><li>These 3 Tech Companies Are Suddenly Paying Bigger Dividends</li></ul><p>Several research firms have weighed in on TSM. Needham &amp; Company LLC  reissued a &#34;buy&#34; rating and issued a $360.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Monday, October 27th. Itau BBA Securities started coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, October 7th. They set an &#34;outperform&#34; rating on the stock. Sanford C. Bernstein lifted their price target on Taiwan Semiconductor Manufacturing from $290.00 to $330.00 and gave the stock an &#34;outperform&#34; rating in a report on Sunday, December 7th. Citigroup  restated a &#34;buy&#34; rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 17th. Finally, UBS Group  set a $330.00 price objective on Taiwan Semiconductor Manufacturing in a research report on Sunday, December 7th. Seven analysts have rated the stock with a Buy rating,  Based on data from MarketBeat, the company presently has an average rating of &#34;Buy&#34; and an average price target of $355.00.</p><p><b>View Our Latest Research Report on TSM</b></p><h2>About Taiwan Semiconductor Manufacturing</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>Featured Stories</h2><ul><li>Five stocks we like better than Taiwan Semiconductor Manufacturing</li><li>What Makes a Stock a Good Dividend Stock?</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li><li>Large Cap Stock Definition and How to Invest</li><li>Why Amazon Could Be a $300 Stock Within Weeks</li><li>Mastering Discipline: Overcoming Emotional Challenges In Trading</li><li>Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside</li></ul><p><strong>Want to see what other hedge funds are holding TSM?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report).</p><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>

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<p>Nikko Asset Management Americas Inc. increased its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 120% in Q2, holding $99.36 million in stock. The company reported strong quarterly earnings, with EPS of $2.92, surpassing estimates. Analysts have set new price targets, with Needham & Company LLC and Sanford C. Bernstein giving 'buy' and 'outperform' ratings, respectively. The company also raised its quarterly dividend to $0.9678, reflecting a 1.3% yield. Institutional investors own 16.51% of TSM's stock.</p>

- Nikko Asset Management Americas Inc. increased its stake in Taiwan Semiconductor Manufacturing Company by 120.0% in Q2, owning 438,831 shares valued at $99,356,000.  
- Other institutional investors also raised their positions, with Brighton Jones LLC increasing its stake by 20.9% and Aberdeen Group plc by 8.1%.  
- Taiwan Semiconductor Manufacturing reported a quarterly EPS of $2.92, exceeding estimates, and announced a dividend increase to $0.9678, reflecting a 1.3% yield.

Nikko Asset Management Americas Inc. Has $99.36 Million Stock Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM