12 Best Asian Stocks to Buy According to Hedge Funds

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1. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Number of Hedge Fund Holders: 187

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) ranks among the best Asian stocks to buy. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) announced a robust second quarter for 2025 on August 21. The company’s EPS rose by 60.7% year-over-year to NT$15.36. Meanwhile, revenue jumped by 11.3% sequentially to NT$30.1 billion, fueled by strong demand in the smartphone and high-performance computing (HPC) sectors.

The company’s focus on cutting-edge nodes, including the 3nm and 5nm nodes, has boosted its market position and greatly increased wafer revenue. The HPC platform especially experienced a 14% increase quarter-over-quarter, indicating rising demand for TSMC’s revolutionary semiconductor products.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is a leading Taiwanese company that offers semiconductor manufacturing services.

While we acknowledge the potential of TSM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSM and that has 100x upside potential, check out our report about this cheapest AI stock.

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