TSMC CoWoS chips: Sample microchips packaged using CoWoS at TSMC’s offices in San Jose, California, shown to CNBC on February 20, 2026.
cnbc
shares in Taiwan Semiconductor Manufacturing Company It rose 5% to an all-time high on Friday after the island’s regulator said it planned to reduce limits on fund allocations to single stocks.
Under the revised framework, domestic equity funds and actively managed ETFs focused exclusively on Taiwanese stocks will be allowed to allocate up to 25% of their assets to any listed firm that has more than 10% weighting on the Taiwan Stock Exchange.
Under a long-standing rule, fund managers’ allocation to any one company was capped at 10% of the net asset value of their portfolio.
TSMC, whose shares also hit a record high on Thursday, last week reported a 58% rise in first-quarter profit, beating estimates as a boom in artificial intelligence boosted demand for chips.
TSMC’s net income of 572.48 billion New Taiwan dollars for the three months ended March represents its fourth consecutive quarter of record profits.
The company is Asia’s most valuable technology firm, and produces semiconductors that are used in devices ranging from consumer gadgets to large-scale data centers.
The world’s largest contract chip maker is seeing strong demand for cutting-edge chips from key customers like Apple, while also benefiting from the rapid expansion of AI, which is producing advanced processors designed by companies like Nvidia – now its biggest customer.
