TSMC CoWoS Chip: A sample of a microchip packaged using CoWoS at TSMC’s offices in San Jose, California, published on CNBC on February 20, 2026.
CNBC
share in Taiwan Semiconductor Manufacturing Co., Ltd. It soared 5% to a new all-time high on Friday after the island’s regulator announced plans to ease restrictions on the fund’s allocation to individual stocks.
Under the revised framework, domestic equity funds and actively managed ETFs focused solely on Taiwanese stocks will be allowed to allocate up to 25% of their assets to listed companies with a weighting of more than 10% on the Taiwan Stock Exchange.
A long-standing rule limited a fund manager’s allocation to a single company to 10% of the portfolio’s net asset value.
TSMC, whose stock hit a record high again on Thursday, reported a 58% increase in first-quarter profit last week, beating expectations as an artificial intelligence boom boosts demand for chips.
TSMC’s net profit for the three months ended March was NT$572.48 billion, marking the fourth consecutive quarter of record profit.
The company is Asia’s most valuable technology company, making semiconductors used across devices from consumer gadgets to large-scale data centers.
While the world’s largest contract chipmaker continues to see strong demand for cutting-edge chips from major customers such as Apple and others, it has also benefited from the rapid expansion of AI and now produces advanced processors designed by companies such as Nvidia, its largest customer.
