Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) Surged on Renewed Optimism About AI

Core Insights - Macquarie Core Equity Fund's Institutional Class achieved a return of 11.94% in Q2 2025, outperforming the S&P 500 Index which rose by 10.94% [1] - The strong performance was attributed to reduced tariff concerns and effective sector and individual security selection, with 80% of the relative performance driven by sector selection [1] Company Performance - Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) reported a one-month return of 18.17% and a 52-week gain of 52.45%, closing at $268.64 per share with a market capitalization of $1.393 trillion on September 18, 2025 [2] - The company's strong performance in Q2 2025 was largely due to renewed optimism surrounding artificial intelligence (AI) and its leading-edge semiconductor manufacturing capabilities [3] Investment Sentiment - Taiwan Semiconductor Manufacturing Company Limited (TSM) is ranked 9th among the 30 most popular stocks among hedge funds, with 187 hedge fund portfolios holding the stock at the end of Q2 2025 [4] - While TSM is recognized for its potential, some analysts suggest that other AI stocks may offer greater upside potential with less downside risk [4]