Strong Quarterly Results Lifted Taiwan Semiconductor Manufacturing Company Limited (TSM) in Q3

In its third-quarter 2025 capitalist letter, Sands Capital Select Growth Strategy highlighted stocks specified arsenic Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM). Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) manufactures, packages, tests, and sells integrated circuits and different semiconductor devices. The one-month instrumentality of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was -4.96%, and its shares gained 60.03% of their worth implicit the past 52 weeks. On November 26, 2025, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) banal closed astatine $289.96 per share, with a marketplace capitalization of $1.504 trillion.

Sands Capital Select Growth Strategy stated the pursuing regarding Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) successful its 3rd 4th 2025 capitalist letter:

"Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest shaper of leading-edge logic chips by marketplace share. Shares roseate pursuing beardown quarterly results, raised full-year guidance, and affirmative signals from the planetary AI infrastructure buildout. The institution continues to payment from beardown AI-related request and is expanding CoWoS capableness to constrictive the spread betwixt proviso and demand. Despite currency headwinds and elevated concern successful overseas fabs, gross margins person remained resilient, supported by output improvements and disciplined pricing. Looking up to 2026, we judge TSMC is good positioned to transcend the 16 percent gross maturation expected by consensus. Key drivers see capableness expansion, the motorboat of a caller iPhone with enhanced AI capabilities, and accrued outsourcing from Intel. Longer term, we exemplary 20 percent annualized net maturation done 2029. While AI remains the superior maturation engine, we besides expect smartphones, PCs, servers, and automotive chips to turn astatine low-to-mid-teens rates, driven by pricing and rising silicon content."

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is successful 9th presumption connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 187 hedge money portfolios held Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) astatine the extremity of the 2nd quarter, the aforesaid arsenic successful the erstwhile quarter. In the 3rd 4th of 2025, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) revenue increased 6% sequentially successful in NT. While we admit the imaginable of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.