SCHEDULE: BlackRock Reports 5.1% Stake in TSMC

BlackRock, Inc. has filed a Schedule 13G, disclosing beneficial ownership of 5.1% of Taiwan Semiconductor Manufacturing Co. Ltd.'s common stock as of September 30, 2026.

Summary

• BlackRock, Inc. has reported a beneficial ownership stake of 5.1% in Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) as of September 30, 2026.
• The total number of shares beneficially owned by BlackRock is 1,327,917,083.
• BlackRock holds sole voting power over 1,241,870,999 shares and sole dispositive power over 1,327,917,083 shares.
• This filing is made under Rule 13d-1(b) and BlackRock, Inc. is classified as a holding company.
• The filing indicates that no single person's interest in TSMC's common stock exceeds five percent, excluding BlackRock's aggregate holding.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this filing as neutral to slightly negative, as it primarily reports a passive ownership stake and does not indicate any active strategic intent or significant change in holdings that would typically drive positive sentiment.

Positives

• BlackRock's significant stake indicates confidence in TSMC's market position and future prospects.
• The filing confirms BlackRock's role as a major institutional investor in a key technology company.

Negatives

• The filing is a standard Schedule 13G, indicating passive investment and no active control or influence strategy.
• The 5.1% stake, while substantial, does not represent a controlling interest.

Risks

• Geopolitical risks associated with Taiwan's political status could impact TSMC's operations and BlackRock's investment.
• Increased competition in the semiconductor manufacturing industry could affect TSMC's market share and profitability.
• Global economic downturns may reduce demand for semiconductors, impacting TSMC's revenue and BlackRock's investment value.

Future Outlook

This filing is a Schedule 13G, which reports passive ownership and does not contain forward-looking statements or specific guidance from BlackRock regarding its future intentions with respect to TSMC shares.

Management Comments

• "In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the 'Reporting Business Units') of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release."
• "Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of TAIWAN SEMICONDUCTOR MANUFACTURING. No one person's interest in the common stock of TAIWAN SEMICONDUCTOR MANUFACTURING is more than five percent of the total outstanding common shares."
• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

StockSavvy.ai notes that TSMC is a critical player in the global semiconductor supply chain, and institutional ownership by major asset managers like BlackRock underscores its strategic importance. This filing reflects a significant passive investment in a company central to technological advancement.

Comparison to Industry Standards

• As a Schedule 13G filing, BlackRock's ownership is reported as passive, which is a common approach for large asset managers holding diversified portfolios.
• The 5.1% stake is a substantial minority holding, typical for institutional investors seeking exposure to leading companies without seeking control.
• Competitors such as Vanguard and State Street Global Advisors also hold significant stakes in TSMC, often in similar passive capacities, reflecting broad market index inclusion.

Stakeholder Impact

• Shareholders: The filing confirms BlackRock's significant investment, potentially adding stability and liquidity to TSMC's stock.
• TSMC Management: The passive nature of the holding suggests no immediate pressure for strategic changes from BlackRock.
• Competitors: The continued institutional support for TSMC reinforces its competitive position in the semiconductor market.

Next Steps

• BlackRock will continue to hold its stake in TSMC, subject to its investment strategies and market conditions.
• Future filings will be made if BlackRock's ownership stake changes significantly or if its investment strategy shifts from passive to active.

Key Dates

Keywords

Taiwan Semiconductor Manufacturing, TSMC, BlackRock, Schedule 13G, Semiconductor, Ownership, Institutional Investor, Common Stock