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flag TSMC gains 60.8% stake from Exchange Traded Concepts amid strong AI chip demand.

flag Exchange Traded Concepts LLC increased its stake in Taiwan Semiconductor Manufacturing Company by 60.8% during the fourth quarter, holding 186,382 shares worth $56.64 million. flag TSM reported strong earnings with $3.11 EPS and $30.65 billion in revenue, boasting a 45.13% net margin. flag The company has a market cap of $1.70 trillion and a consensus "Buy" rating, driven by strong AI chip demand and a $52-56 billion capital expenditure plan for 2026.

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