David Tepper Latest News and Portfolio Changes: Top 5 Stocks

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

Appaloosa Management’s Latest Investment: $179 million

The Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the biggest contract chip manufacturing firm in the world. It is currently facing some pressure in Taiwan for its plans to build an advanced 1-nanometer chip making plant as the firm scrapped the plant in October 2023 after protests from locals.

During 2023’s June quarter, 121 out of the 910 hedge funds polled by Insider Monkey had held a stake in the chip maker. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s biggest hedge fund investor is Ken Fisher’s Fisher Asset Management courtesy of its $2.9 billion investment.

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