Handelsbanken Fonder AB Cuts Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM - MarketBeat

On August 11, 2026, Swedish fund Handelsbanken Fonder AB reduced its stake in Taiwan Semiconductor Manufacturing Company (TSMC) by 28.4% in Q2, selling 154,822 shares and retaining 389,578 shares valu... Read original →

The reduction in TSMC stake by Handelsbanken Fonder reflects institutional caution amid elevated valuations, yet TSMC’s leadership in AI chip manufacturing remains unchallenged. The move likely stems from concerns over escalating U.S.-China tech tensions and potential export controls on advanced chips to China. Nonetheless, TSMC’s $6.3 billion JV with Sony in Japan signals expansion beyond computing into automotive and robotics. With global AI demand surging, TSMC’s 3nm and EUV capabilities continue to underpin its strategic importance. However, stricter U.S. export restrictions may force TSMC to restructure its production footprint, intensifying competition among global foundries like Samsung and UMC. Over the next 12–24 months, TSMC must navigate valuation pressures while maintaining technological edge, with outcomes heavily influenced by geopolitical dynamics and global semiconductor supply chain realignment.