Overview
- TSMC was highlighted as a key contributor in Wedgewood Partners’ Q4 2025 letter, which describes the chipmaker as manufacturing nearly every marketed compute accelerator, including GPUs.
- HPC revenue at TSMC has doubled to more than $65 billion over the past six quarters and has more than tripled since late 2021, according to Wedgewood.
- Market data cited in the report shows TSMC closed at $342.40 on January 16, 2026, up 16.75% over one month and 61.89% over 52 weeks, with a market capitalization of about $1.776 trillion.
- The letter says TSMC’s pricing power and accelerating capacity buildout support strong returns, while warning that crowded AI trades and stretched valuations could heighten volatility in 2026.
- Insider Monkey reports that 194 hedge fund portfolios held TSMC at the end of Q3 2025, placing it ninth among the most popular hedge fund stocks, and notes praise from Broadcom and Nvidia leaders for TSMC’s manufacturing prowess.