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00:02Activist investor Dan Loeb's Third Point LLC reduced its stake in Taiwan's semiconductor
00:07manufacturing company by 23% in the third quarter of 2025, according to a 13-F filing
00:13dated September 30, 2025. The filing showed Third Point held 1.10 million shares, down from 1.43
00:21million shares in the second quarter and 1.78 million shares in the first quarter of 2025.
00:26The reduction followed several quarters of trimming.
00:30During the period, the Trump administration signaled a tougher stance on Chinese semiconductors
00:35while delaying tariffs until 2027. Taiwan's semiconductor reported third quarter net
00:39sales of $33.1 billion, up 30.3% year-over-year, and guided fourth quarter revenue of $32.20
00:47billion to $33.40 billion.
00:51Over the past year, TSM shares rose about 52.81%, surpassing the gains of NVIDIA and Broadcom.
00:58For all things money, visit Benzinga.com.
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