TSMC Announces Strategic Updates in Shareholdings and Capital Investments

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https://www.tipranks.com/news/company-announcements/tsmc-announces-strategic-updates-in-shareholdings-and-capital-investments

Taiwan Semiconductor Manufacturing ( (TSM) ) has issued an announcement.

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TSMC has reported several key updates in its operations for November 2024. These include changes in shareholdings and pledges by its board members and major shareholders, significant acquisitions and dispositions of assets, and approved capital appropriations for machinery and real estate. The changes in shareholdings and new capital investments reflect TSMC’s ongoing strategic adjustments and expansion efforts, potentially impacting its market positioning and shareholder dynamics.

More about Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company (TSMC) is a leading player in the semiconductor industry, primarily focused on the manufacturing and development of integrated circuits and semiconductors. It operates in the competitive technology sector, providing essential components for electronic devices and is a vital supplier to major technology companies worldwide.

YTD Price Performance: 91.74%

Average Trading Volume: 13,713,098

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $822.1B

See more data about TSM stock on TipRanks’ Stock Analysis page.

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