Taiwan Semiconductor (TSM) Surges Nearly 40%—Should You Buy Now?
Parnassus Investments, an investment management firm that focuses on owning a concentrated portfolio of U.S. large cap stocks, released its Parnassus Value Equity Fund second-quarter 2025 investor letter. The full letter is available for download here. For the second quarter of 2025, the fund reported a net return of 7.24%, outperforming its benchmark, the Russell 1000 Value Index, which returned 3.79% for the same period. The fund’s top 5 holdings are also listed in the letter, showing the firm’s main investment positions heading into 2025.
One of the companies mentioned in the letter is Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM). Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) 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. Over the past month, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) rose by 3.31%, and it gained 45.55% over the last 12 months. On July 29, 2025, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) shares closed at $241.33, with a market capitalization of $1.252 trillion.
Here is what they have to say about Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in their investor letter:
"Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is benefiting from growing demand for AI chips and its position as the only viable leading-edge foundry."
A close-up of a complex network of integrated circuits used in logic semiconductors.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) ranks 9th in our list of the 30 most popular stocks among hedge funds. According to our data,
187 hedge fund portfolios held positions in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) at the end of the first quarter of 2025, up from
186 in the previous quarter. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) reported net revenue of NT$933.80 billion for the June quarter, up 38.65% year over year and ahead of analyst expectations. While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on thebest short-term AI stock.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) ranks 9th in our list of the 30 most popular stocks among hedge funds. According to our data,
Content Original Link:
" target="_blank">
