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Capital Group ups stake in TSMC, which raised dividend and beat earnings forecasts.
Capital Group and Capital International have increased their stakes in Taiwan Semiconductor Manufacturing Company (TSMC), a leading semiconductor manufacturer.
TSMC's recent earnings report showed strong financial performance, with earnings per share exceeding analyst expectations.
The company also raised its quarterly dividend to $0.6855 per share.
TSMC's stock received a "Moderate Buy" rating from analysts, with a consensus target price of $220, reflecting its strong financial health and market position.
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Capital Group aumenta su participación en TSMC, que aumentó su dividendo y superó las previsiones de ganancias.