ARGA Investment Management LP reduced its stake in Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) by 0.9%. This adjustment reflects the firm’s ongoing strategy to manage its investment portfolio. The decision may be influenced by market conditions or a reassessment of the company’s performance and potential. As a significant player in the semiconductor industry, TSM’s stock movements are closely monitored by investors, and any changes in major stakeholders’ investments can signal shifts in market sentiment. Overall, the reduction in holdings indicates a cautious approach amidst evolving market dynamics.

Read the full article here