Dupree Financial Group LLC reduced its position in Taiwan Semiconductor Manufacturing Company Ltd. by 46.5% during the third quarter, selling 9,110 shares and ending the period with 10,476 shares valued at $2.93 million. Meanwhile, several smaller advisory firms initiated new stakes: Heartwood Wealth Advisors purchased $32,000 worth of shares, Resources Management Corp CT ADV and Mid American Wealth Advisory Group each invested about $32,000–$33,000, and Riggs Asset Management deployed $41,000. First Command Advisory Services more than doubled its holding—buying an additional 101 shares to reach 159 shares, worth $36,000—representing a 174.1% increase. Institutional ownership now stands at 16.51% of the company.

In its third-quarter report, TSMC reported revenue of $32.50 billion and earnings per share of $14.32, driving a net margin of 45.13% and a return on equity of 36.18%. The company strengthened its cash return policy by raising its quarterly dividend from $0.83 to $0.9678 per share, translating to an annualized payout of $3.87 and a yield of 1.1%, with a payout ratio of 28.64%. These metrics underscore TSMC’s robust free-cash-flow generation and commitment to shareholder distributions.

Following the quarterly announcement, Wall Street maintains a bullish stance on TSMC. Eight research houses rate the stock a “buy,” two rate it a “hold,” and analysts have lifted or reaffirmed price targets in recent weeks, resulting in a consensus target of $381.67. Notably, Goldman Sachs and Citigroup both endorse a buy rating, while Susquehanna recently increased its target to $400.00. This alignment reflects confidence in TSMC’s leadership in advanced nodes and its role as a strategic supplier to the world’s largest technology firms.

TSMC continues to command more than 90% of the advanced-node contract semiconductor market, supplying the essential chips that power artificial-intelligence workloads and next-generation communications. Management’s improved capacity guidance for 2026 and 2027 follows customer engagements that project sustained demand for high-bandwidth memory and AI accelerators. Investors view TSMC’s conservative capital-expenditure strategy—coupled with plans to expand 3nm and 2nm capacity—as a key differentiator, underpinning its long-term margin stability and reinforcing its position as a cornerstone of global technology supply chains.