Taiwan Semiconductor Manufacturing Company Ltd. $TSM is Crossmark Global Holdings Inc.'s 9th Largest Position - MarketBeat

According to the latest Form 13F filing with the U.S. Securities and Exchange Commission, Crossmark Global Holdings Inc. reduced its stake in Taiwan Semiconductor Manufacturing Company (TSMC) by 14.0%... Read original →

Although some institutional investors like Crossmark Global reduced their TSMC stakes in Q4 2023—reflecting tactical portfolio adjustments amid volatility—others such as Ethic Inc. and Ballentine Partners increased positions, signaling strong conviction in TSMC’s AI leadership. April revenue surged 17.5% YoY, driven by robust demand for AI chips built on advanced nodes like 3nm using EUV lithography. Moreover, TSMC’s joint venture with Sony Semiconductor Solutions in Japan to develop next-gen image sensors diversifies its exposure beyond logic chips, reinforcing its strategic indispensability in the global semiconductor value chain. With a $2.13 trillion market cap and a P/E ratio of 34.2, investor confidence remains anchored in TSMC’s technological moat and capacity scarcity. Despite intensifying competition from Samsung and Intel, TSMC continues to dominate as the linchpin of the AI-driven semiconductor ecosystem.