Taiwan Semiconductor Manufacturing Company gains investor favor amid strong AI-driven capital expenditure trends, boosting its market cap.
Taiwan Semiconductor Manufacturing Company (TSM) closed at $398.37 per share on July 17, 2026, reflecting a 71.32% gain over the past 52 weeks despite a one-month decline of 12.50%. The company’s market capitalization stands at $2.07 trillion.
L1 Capital International Fund’s Q2 2026 investor letter noted TSM as a top contributor to returns, driven by market preference for AI capex winners. The fund highlighted TSM and Nvidia as key holdings, with valuations continuing to rise.
TSM ranks among the most popular stocks among hedge funds heading into 2026, underscoring its prominence in the semiconductor sector.