Encompass More Asset Management Sells 5,333 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM - MarketBeat

Taiwan Semiconductor Manufacturing Company (TSMC) continues to benefit from robust demand for AI chips, with July revenue up 44.7% year-over-year and management projecting over 40% revenue growth in 2... Read original →

TSMC's robust performance in the AI chip segment, with a 44.7% YoY revenue surge in July, underscores the industry's demand-driven momentum. However, institutional selling by Encompass More Asset Management signals caution amid elevated valuations. Internal buying suggests confidence in long-term prospects. Technologically, AI and image sensor demand are accelerating EUV adoption, intensifying pressure on advanced node capacity. Geopolitically, escalating U.S.-China tech rivalry is reshaping global supply chains, with Taiwan, China, and Hong Kong, China playing pivotal roles. Competitors like Samsung and TSMC are likely to respond with strategic pricing or partnerships to maintain market share. Over the next 12–24 months, sustained AI growth will support TSMC’s performance, but macroeconomic headwinds and cyclical risks may temper investor sentiment. The market remains bullish, yet valuation concerns and supply chain vulnerabilities demand close monitoring.