What smart money is saying about Taiwan Semiconductor Manufacturing Company Limited

TSM · Technology · Semiconductors · Market cap $2425.56B

18 funds in our archive have pitched Taiwan Semiconductor Manufacturing Company Limited — most recently Baron Durable Advantage Fund in March 2026.

Company profile

Taiwan Semiconductor Manufacturing Company Limited (TSMC), along with its affiliated entities, operates globally in the semiconductor industry, specializing in the manufacturing, packaging, meticulous testing, and worldwide distribution of integrated circuits and other crucial semiconductor components. Its expansive international presence covers key markets such as Taiwan, China, Europe, the Middle East, Africa, Japan, and the United States. The company is renowned for its diverse array of wafer fabrication processes. These capabilities enable the production of various advanced semiconductor types, including complementary metal-oxide-semiconductor (CMOS) logic, mixed-signal devices, radio frequency components, embedded memory, and bipolar CMOS mixed-signal circuits. Beyond its core foundry services, TSMC extends its offerings to include dedicated customer and engineering support. It also undertakes the production of specialized masks, actively invests in burgeoning technology startups, and manages the entire lifecycle—from research and development through to manufacturing, packaging, testing, and sales—of color filters. Furthermore, the company provides a range of investment services. TSMC's cutting-edge products are indispensable across numerous sectors, powering high-performance computing, modern smartphones, Internet of Things (IoT) ecosystems, sophisticated automotive systems, and a broad spectrum of digital consumer electronics. Established in 1987, the enterprise is officially headquartered in Hsinchu City, Taiwan.

Fund coverage · 18 theses

Baron Durable Advantage Fund
March 2026
Taiwan Semiconductor Manufacturing Company is the dominant advanced foundry with a widening moat and long-term AI-driven earnings growth.
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Polen Global Growth
March 2026
TSMC is the dominant semiconductor foundry with pricing power, AI-driven demand, and high-teens earnings growth potential.
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Polen International Growth
March 2026
TSMC is the dominant global chip foundry benefiting from AI demand, leading-edge scale, and pricing power.
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Baron Technology ETF
March 2026
Taiwan Semiconductor Manufacturing Company Limited is the dominant advanced chip foundry with a scale-driven moat, strong margins, and secular AI demand supporting multi-year growth.
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Hardman Johnston Global Equity
March 2026
Taiwan Semiconductor Manufacturing Co., Ltd. is a critical AI compute bottleneck with strong pricing power, demand visibility, and compelling valuation.
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Baron Durable Advantage Fund
December 2025
Taiwan Semiconductor Manufacturing Company is the dominant leading-edge foundry with pricing power and long-duration AI-driven demand across customers and architectures.
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Mar Vista US Quality Premier
December 2025
Taiwan Semiconductor is a leading-edge foundry with a formidable moat and superior margins, poised to benefit from AI and HPC demand and compound ROIC above its cost of capital.
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Wedgewood Partners
December 2025
Taiwan Semiconductor Manufacturing Company is the leading advanced-node foundry with pricing power and HPC-driven growth that supports strong returns on capital.
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Baron Global Opportunity Fund
December 2025
Taiwan Semiconductor Manufacturing Company Limited is the dominant leading-edge foundry with robust AI-driven demand, pricing power, and durable growth.
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Giverny Capital
September 2025
Taiwan Semiconductor is a leading chip manufacturer with a strong market position and growth potential, despite geopolitical risks affecting its operations.
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Baron Global Opportunity Fund
September 2025
Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a leading-edge semiconductor manufacturer with a 90% market share, positioned to benefit from AI adoption and capable of raising prices despite geopolitical uncertainties.
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Baron Global Advantage Fund
June 2025
Taiwan Semiconductor Manufacturing Company Limited is well-positioned for long-term growth due to its unmatched semiconductor manufacturing capabilities and the accelerating adoption of AI across industries.
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Brown Advisory US Sustainable Growth Fund
June 2025
Taiwan Semiconductor Manufacturing Company (TSM) is a leading semiconductor foundry that dominates the global market with a focus on efficient manufacturing, innovative technology, and sustainable practices, making it a crucial player in the digital transformation of the economy.
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Longriver Partners Fund
June 2025
TSMC is the indispensable core of the AI compute stack, excelling in manufacturing, advanced packaging, and innovation, with unmatched reliability and performance.
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Touchstone Sands Capital Select Growth Fund
March 2025
Taiwan Semiconductor (TSMC) is the leading global producer of advanced logic chips with a unique customer-dedicated foundry model that positions it as a key beneficiary of AI growth and increasing compute demand across various applications.
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Mairs and Power Growth Fund
March 2025
Taiwan Semiconductor Manufacturing Company (TSMC) is the leading global semiconductor manufacturer with a dominant market share, strong cost discipline, and a promising outlook despite recent sector challenges.
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Nightview capital
December 2024
Taiwan Semiconductor Manufacturing Co. (TSMC) is a dominant market leader in the semiconductor industry with significant revenue growth, strong AI demand, and an attractive valuation, solidifying its competitive advantage.
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Alger International Opportunities Fund
December 2024
Taiwan Semiconductor (TSMC) is well-positioned to capitalize on the rising demand for semiconductors due to its strong business model, technological expertise, and leadership in advanced manufacturing technologies.
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