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News  ›  Benzinga

Billionaire Investor Trims Taiwan Semiconductor As Geopolitical Risks Surge

Benzinga Logo Benzinga By Lekha Gupta
Billionaire Investor Trims Taiwan Semiconductor As Geopolitical Risks Surge

Activist investor Dan Loeb's Third Point LLC reduced its Taiwan Semiconductor (TSM) stake by 23% in Q3 2025 amid rising geopolitical tensions between the U.S. and China. Despite the reduction, TSM reported strong Q3 earnings with $33.1B in net sales (up 30.3% YoY) and raised its dividend 20%. The company continues expanding AI chip production, including beginning volume production of 2-nanometer chips and securing a U.S. export license for China operations.

Insights
TSM   neutral

Mixed signals: Strong financial performance (30.3% YoY revenue growth, dividend increase, 2nm production milestone) and strategic expansion offset by major investor stake reduction due to geopolitical concerns and potential tariff risks from Trump administration.