TSMC shares jump to record high as Taiwan eases single-stock investment caps for funds
TSMC CoWoS chips: Sample microchips packaged utilizing CoWoS at TSMC’s places of work in San Jose, California, proven to CNBC on February 20, 2026.
CNBC
Share in Taiwan Semiconductor Manufacturing Co. emerged 5% to a contemporary all-time high on Friday after the island’s regulator mentioned it plans to loosen limits on funds’ allocations to single shares.
Under the revised framework, home fairness funds and actively managed ETFs centered completely on Taiwanese shares shall be allowed to allocate up to 25% of their property to any listed agency that carries a weighting above 10% on the Taiwan Stock Exchange.
A protracted-standing rule had capped fund managers’ allocations to a single firm at 10% of their portfolio’s internet asset worth.
TSMC, whose shares had hit a record high on Thursday as effectively, final week reported a 58% enhance in first-quarter revenue, beating estimates as the increase in synthetic intelligence drives calls for for chips.
TSMC’s internet earnings of 572.48 billion new Taiwanese {dollars} for the three months led to March represented a fourth consecutive quarter of record earnings.
The firm is Asia’s most dear know-how agency, and produces semiconductors which might be used throughout gadgets from client devices to large-scale information facilities.
The world’s largest contract chipmaker continues to see sturdy demand for cutting-edge chips from main shoppers such as Apple, whereas additionally benefiting from the speedy growth of AI, manufacturing superior processors designed by firms like Nvidia — now its largest buyer.