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flag TSM's stock surges as institutional investors increase holdings and earnings beat forecasts.

flag Taiwan Semiconductor Manufacturing Company (TSM) saw an increase in shares held by several institutional investors, including HighPoint Advisor Group and Franklin Resources Inc. TSM's stock recently opened at $165.82, with a market cap of $860 billion. flag The company reported earnings of $2.24 per share, exceeding analysts' expectations. flag TSM has increased its quarterly dividend to $0.6855, a 26.4% rise, and analysts predict earnings of $9.2 per share for the year. flag The stock has a price-to-earnings ratio of 23.55 and a beta of 1.13.

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