Smartleaf Asset Management LLC lifted its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 62.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,214 shares of the semiconductor company's stock after purchasing an additional 2,011 shares during the quarter. Smartleaf As...
Smartleaf Asset Management LLC lifted its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 62.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,214 shares of the semiconductor company's stock after purchasing an additional 2,011 shares during the quarter. Smartleaf Asset Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $1,425,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other institutional investors also recently bought and sold shares of TSM. Westfuller Advisors LLC boosted its stake in Taiwan Semiconductor Manufacturing by 2.2% during the 3rd quarter. Westfuller Advisors LLC now owns 1,551 shares of the semiconductor company's stock valued at $434,000 after purchasing an additional 34 shares during the last quarter. BankPlus Wealth Management LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 1.6% during the third quarter. BankPlus Wealth Management LLC now owns 2,291 shares of the semiconductor company's stock valued at $640,000 after purchasing an additional 35 shares in the last quarter. Bank of Jackson Hole Trust boosted its position in shares of Taiwan Semiconductor Manufacturing by 7.5% during the third quarter. Bank of Jackson Hole Trust now owns 500 shares of the semiconductor company's stock valued at $140,000 after buying an additional 35 shares during the last quarter. Catalyst Private Wealth LLC increased its holdings in Taiwan Semiconductor Manufacturing by 2.8% in the 3rd quarter. Catalyst Private Wealth LLC now owns 1,407 shares of the semiconductor company's stock worth $393,000 after buying an additional 38 shares in the last quarter. Finally, Venture Visionary Partners LLC raised its position in Taiwan Semiconductor Manufacturing by 1.1% in the 3rd quarter. Venture Visionary Partners LLC now owns 3,540 shares of the semic...
Taiwan has told the US that its plan of relocating nearly 40% of its semiconductor supply chain to America is "impossible", CNBC reported. Taipei's top tariff trade negotiator, Vice Premier Cheng Li-chiun, made these remarks in a local television broadcast on Sunday, adding that she had made it clear to Washington that Taiwan's semiconductor ecosystem, built over decades, could not simply be reloc...
Taiwan has told the US that its plan of relocating nearly 40% of its semiconductor supply chain to America is "impossible", CNBC reported. Taipei's top tariff trade negotiator, Vice Premier Cheng Li-chiun, made these remarks in a local television broadcast on Sunday, adding that she had made it clear to Washington that Taiwan's semiconductor ecosystem, built over decades, could not simply be relocated. She added that Taiwan's international expansion, including investments in the US, is based on the understanding that the semiconductor industry will remain rooted in Taiwan and continue to expand domestically. Her remarks were in response to onshoring goals laid out by US Commerce Secretary Howard Lutnick, who told CNBC in January that he wanted 40% of Taiwan's chip supply chain to move to the United States during President Donald Trump's present term. Lutnick's comments came days after the two sides signed a trade agreement. US-Taiwan trade agreement Under the trade agreement, Washington lowered the tariffs on most Taiwan goods to 15% from the previously announced 20%. Further, it waived off tariffs on generic drugs, ingredients, aircraft components, and natural resources unavailable domestically, and promised higher quotas for tariff-free exports of Taiwanese chips to the US. Taiwan, on the other hand, promised direct investments worth $250 billion by its tech companies, along with $250 billion in credit support to help expand their manufacturing capacity in the United States. TSMC takes steps to align with US policies Following the agreement, Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest chipmaker, started taking steps to align more closely with the US policies. In recent years, TSMCpledged over $65 billion towards manufacturing in the US, and said it plans to raise that amount significantly to $165 billion, supplying chips to American firms like Apple and Nvidia. These investments have also drawn support through grants under the US CHIPS and Sc...
Opinicus Capital Inc. trimmed its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 8.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,877 shares of the semiconductor company's stock after selling 1,480 shares during the period. Taiwan Semiconductor Manufactu...
Opinicus Capital Inc. trimmed its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 8.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,877 shares of the semiconductor company's stock after selling 1,480 shares during the period. Taiwan Semiconductor Manufacturing comprises about 3.3% of Opinicus Capital Inc.'s portfolio, making the stock its 6th largest position. Opinicus Capital Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $4,714,000 as of its most recent filing with the Securities & Exchange Commission. Get TSM alerts: Sign Up A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TSM. Brighton Jones LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 20.9% during the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock worth $2,159,000 after buying an additional 1,892 shares during the period. Ignite Planners LLC lifted its stake in Taiwan Semiconductor Manufacturing by 4.7% in the 2nd quarter. Ignite Planners LLC now owns 2,610 shares of the semiconductor company's stock valued at $627,000 after acquiring an additional 116 shares in the last quarter. Yarger Wealth Strategies LLC boosted its position in Taiwan Semiconductor Manufacturing by 17.2% during the 2nd quarter. Yarger Wealth Strategies LLC now owns 1,689 shares of the semiconductor company's stock worth $383,000 after acquiring an additional 248 shares during the last quarter. Cypress Capital Group grew its stake in shares of Taiwan Semiconductor Manufacturing by 4.6% during the 2nd quarter. Cypress Capital Group now owns 28,610 shares of the semiconductor company's stock worth $6,480,000 after acquiring an additional 1,266 shares in the last quarter. Finally, MGO One Seven LLC grew its stake in shares of Taiwan Semiconducto...
RFG Advisory LLC trimmed its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 39.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 20,882 shares of the wireless technology company's stock after selling 13,604 shares during the quarter. RFG Advisory LLC's holdings in QUALCOMM were worth $3,474,000 as of its most r...
RFG Advisory LLC trimmed its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 39.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 20,882 shares of the wireless technology company's stock after selling 13,604 shares during the quarter. RFG Advisory LLC's holdings in QUALCOMM were worth $3,474,000 as of its most recent SEC filing. Get QUALCOMM alerts: Sign Up Several other large investors have also added to or reduced their stakes in QCOM. Harbor Capital Advisors Inc. lifted its stake in QUALCOMM by 72.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company's stock worth $26,000 after purchasing an additional 65 shares in the last quarter. Cloud Capital Management LLC purchased a new position in shares of QUALCOMM during the 3rd quarter valued at $27,000. Harbor Asset Planning Inc. bought a new position in shares of QUALCOMM in the second quarter worth $32,000. Winnow Wealth LLC purchased a new stake in shares of QUALCOMM in the second quarter worth $32,000. Finally, Lavaca Capital LLC bought a new stake in QUALCOMM during the second quarter valued at $32,000. Institutional investors own 74.35% of the company's stock. Insider Activity at QUALCOMM In related news, EVP Akash J. Palkhiwala sold 10,000 shares of QUALCOMM stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $175.12, for a total transaction of $1,751,200.00. Following the sale, the executive vice president directly owned 44,803 shares in the company, valued at $7,845,901.36. The trade was a 18.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Alexander H. Rogers sold 15,917 shares of the stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total value of ...
Wall Street's iconic index eclipsed 50,000 for the first time on Feb. 6 -- and an even bigger milestone may not be too far off. Last week was a history-maker for the iconic Dow Jones Industrial Average (^DJI +0.04%). The index that was incepted nearly 130 years ago ended the Feb. 6 trading session above 50,000 for the first time. Investors have watched the Dow transform from a 12-stock, industrial...
Wall Street's iconic index eclipsed 50,000 for the first time on Feb. 6 -- and an even bigger milestone may not be too far off. Last week was a history-maker for the iconic Dow Jones Industrial Average (^DJI +0.04%). The index that was incepted nearly 130 years ago ended the Feb. 6 trading session above 50,000 for the first time. Investors have watched the Dow transform from a 12-stock, industrial-focused index in the late 19th century to one that now features 30 diverse, time-tested, multinational companies. Over the trailing decade, the Dow has taken down 32 1,000-point milestones, beginning with 19,000 and ending, most recently, above 50,000. While investing on Wall Street often entails looking to the future, reminiscing about the past can sometimes clue investors into what to expect in the years to come. With the Dow Jones Industrial Average surpassing a psychologically important level, the question that needs to be asked is: When will this ageless index hit 100,000? Although the past can't guarantee the future, history offers a pretty clear answer -- and it may be sooner than you might think. When will the Dow hit 100,000? As is often the case when putting your money to work in the stock market, the answer varies with perspective. Using the Dow's average annual returns as a guideline, we can estimate when it'll effectively double from its Feb. 6 closing value. For example, the Dow troughed during the Great Depression on July 8, 1932, at just 41.22. In the more than 93 years since this bottom, the index has returned an annual average of 7.89%. If this annualized return were to persist, it would take the Dow until roughly March 2035 to hit the 100,000 milestone. But if we narrow the lens to an arbitrary trailing 50 years, the results shift a bit. Over the trailing half-century, Wall Street's health barometer has catapulted from 964.81 to its closing value of 50,115.67 on Feb. 6 -- an 8.22% annualized return. At this pace, the Dow would achieve six-digit status be...
Intel is a leading semiconductor manufacturer that long dominated the global CPU market but has faced challenges as competitors advance in AI and chip technology. Britannica
Intel is a leading semiconductor manufacturer that long dominated the global CPU market but has faced challenges as competitors advance in AI and chip technology. Britannica
Surging prices of solar cells from China are rattling Indian module makers who depend on the neighboring nation for the essential component. Volatile prices of silver, a key electricity conductor, are making cells unaffordable to some Indian businesses, according to Avinash Hiranandani , managing director at RenewSys India Pvt. , which operates 2.5 gigawatts of module assembly capacity. The loomin...
Surging prices of solar cells from China are rattling Indian module makers who depend on the neighboring nation for the essential component. Volatile prices of silver, a key electricity conductor, are making cells unaffordable to some Indian businesses, according to Avinash Hiranandani , managing director at RenewSys India Pvt. , which operates 2.5 gigawatts of module assembly capacity. The looming holidays for Chinese New Year have also put suppliers on a wait and watch mode, he said. Suppliers have been reluctant to share quotations for cells in the past month, or they have been asking for 10%-15% more than usual, Hiranandani said in a phone interview. “They said they will come back in the market after the new year holidays, but that could be too late” to avoid disruptions in the supply chain, he added. Tensions in India reflect the current struggles of Chinese firms. Beijing has removed export tax rebates , pushing the industry, saddled by overcapacity, to increase product prices. A recent surge in silver prices has made the situation worse. India has been expanding its module making capacity to reduce its dependence on China, but it continues to rely on its neighbor for most upstream products, including cells and machinery to assemble the panels. A jump in the price of those components challenges module makers and in turn the power generators they cater to, who are required to supply power at a fixed price. Read More: Silver’s Rally Slams Solar Makers Struggling With Losses Solar developers can choose to delay their projects by a few months until module prices come down, but manufacturers would have to keep their plants idle until then, Hiranandani said. Meanwhile, the company is left with just enough cells to last this month. To keep operations running, Hiranandani said RenewSys is considering flying in the cargoes next month at additional expense. To be sure, this is a short-term problem that doesn’t affect all companies equally. “It’s more of a price issue th...