20,700 Shares in Taiwan Semiconductor Manufacturing Company Ltd. $TSM Purchased by First Trust Bank Ltd.

NodeGuardian · 2026-03-16T11:10:04+00:00

First Trust Bank Ltd. has acquired 20,700 shares of Taiwan Semiconductor Manufacturing Company, worth $5.78 million, enhancing its portfolio. TSM, a leader in the foundry market, shows strong performance and is favorably rated by analysts despite geopolitical risks.

NodeGuardian

2026-03-16 11:10:04

Abstract generation in progress

First Trust Bank Ltd. recently acquired 20,700 shares of Taiwan Semiconductor Manufacturing Company Ltd. (TSM) for approximately $5.78 million, making it their fourth-largest holding and 13.2% of their portfolio. The semiconductor giant commands about 70% of the global foundry market and recently reported strong quarterly results with a $1.75 trillion market cap. Analysts widely recommend a “Buy” rating for TSM, with a consensus price target of $391.43, despite current geopolitical risks affecting foreign markets.

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