Burkett Asset Management Ltd Makes New Investment in Taiwan Semiconductor Manufacturing Company Ltd. $TSM - MarketBeat

In June 2026, Burkett Asset Management Ltd. announced an increased investment in Taiwan Semiconductor Manufacturing Company (TSMC), purchasing 15,060 shares worth approximately $4.58 million, making i... Read original →

Burkett’s stake increase in TSMC reflects institutional conviction not just in AI chip demand, but in its unrivaled 3nm/EUV yield leadership. Technically, this entrenches client dependency—NVIDIA and AMD increasingly design around TSMC’s process quirks, narrowing Samsung’s window in HBM-integrated ASICs. Geopolitically, U.S. export controls have inflated TSMC’s Arizona fab operating costs by over 15%, while its Taiwan, China-based capacity concentration remains a systemic risk. With Google testing Samsung as a backup, TSMC is likely accelerating CoWoS advanced packaging to erect a second moat. Over the next 12–24 months, even if AI server growth moderates, its ability to redeploy capacity toward automotive MCUs and edge AI SoCs will define sustained returns—unless tighter U.S.-Japan-Netherlands restrictions on EUV maintenance erode capex efficiency.