Taiwan Semiconductor Manufacturing Company Limited (TSM) Continued to Benefit from Increased Demand

Group 1 - Munro Global Growth Fund reported a return of -0.7% in the December quarter of 2025, with long positions contributing positively while short positions, hedging, and currencies detracted from performance [1] - Global equity markets performed well in 2025, with the S&P 500 up 2.4% and the Nasdaq up 2.3% during the quarter, while Europe and Japan also showed strong performance [1] Group 2 - Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) had a one-month return of 14.90% and a 52-week gain of 52.29%, closing at $327.11 per share with a market capitalization of $1.4 trillion on January 14, 2026 [2] - TSMC is recognized as a key contributor to the demand for compute, playing a critical role in chip manufacturing regardless of the technology adopted by hyperscalers [3] Group 3 - TSMC ranked 9th among the 30 most popular stocks among hedge funds, with 194 hedge fund portfolios holding its shares at the end of the third quarter of 2025, up from 187 in the previous quarter [4] - In the third quarter of 2025, TSMC's revenue increased by 6% sequentially in NT, indicating strong financial performance [4]