Taiwan Semiconductor Manufacturing (TSM) Surged on Long-Term Trends

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Soumya Eswaran

Wed, June 3, 2026 astatine 8:43 AM CDT 3 min read

Impax Asset Management, an concern absorption steadfast based successful London, specializing successful sustainable investing, released its first-quarter 2026 capitalist missive for its “Impax Global Environmental Markets Fund”. A transcript of the missive is disposable to download here. The Fund stood resilient successful the 4th by outperforming its superior benchmark, the MSCI ACWI index. The banal enactment successful Information Technology (IT), on with businesses with beardown net and Materials, drove the show successful a volatile environment. Global equity markets started the twelvemonth connected a affirmative note, but finished little owed to a risk-off environment. In this landscape, the firm's accent is connected solutions specified arsenic renewable vigor to amended vigor information and efficiency, arsenic good arsenic connected much businesslike grids, powerfulness storage, and technologies that trim vigor intensity. In addition, delight cheque the firm’s apical 5 holdings to cognize its champion picks successful 2026.

In its first-quarter 2026 capitalist letter, Impax Global Environmental Markets Fund highlighted Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM). Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s starring declaration spot manufacturer, producing precocious semiconductors for large planetary exertion companies. On June 2, 2026, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) closed astatine $446.69 per share. One-month instrumentality of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was 6.48%, and its shares gained 120.70% implicit the past 52 weeks. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has a marketplace capitalization of $2.317 trillion.

Impax Global Environmental Markets Fund stated the pursuing regarding Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) successful its Q1 2026 capitalist letter:

"Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) (Efficient IT, US) has a starring relation successful enabling the maturation of, and satisfying the request for, precocious chips and ever faster machine powerfulness by some user and concern end-markets. TSMC delivered precise beardown results supported by ongoing secular AI demand."

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is successful 6th presumption connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 234 hedge money portfolios held Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) astatine the extremity of the archetypal quarter, up from 224 successful the erstwhile quarter. In Q1 2026, Taiwan Semiconductor Manufacturing Company Limited's (NYSE:TSM) gross accrued 6.4% (in U.S. dollar terms) sequentially to $35.9 billion, modestly exceeding the archetypal 4th guidance. While we admit the imaginable of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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