Summary by Moomoo AI
BlackRock, Inc., a major investment firm based in Delaware, has filed an amended Schedule 13G/A with the Securities and Exchange Commission on February 5, 2024, indicating a significant ownership stake in Taiwan Semiconductor Manufacturing (TSM). The filing reveals that BlackRock now beneficially owns 1,320,767,102 shares of Taiwan Semiconductor, representing 5.1% of the company's common stock. This position reflects BlackRock's sole voting and dispositive power over the shares. The filing, which is required due to the size of the ownership stake, is not intended to influence the control of Taiwan Semiconductor. The document also lists various subsidiaries of BlackRock that may own shares in the company, and it includes a power of attorney authorizing certain individuals to execute documents on behalf of BlackRock for regulatory compliance purposes.
