Summary by Moomoo AI
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC), the world's leading semiconductor foundry, reported a series of financial transactions and investments for the nine months ending September 30, 2024. The company engaged in significant sales and purchases with its subsidiaries, including TSMC North America, TSMC China, and TSMC Nanjing, with sales to TSMC North America amounting to approximately $1.4 billion, representing 69% of TSMC's total net revenue. TSMC also made notable investments in its subsidiaries, such as TSMC Global and TSMC Arizona, with an investment of over $616 million in TSMC Global. The company's investment in mainland China reached nearly $49.5 million, with TSMC China and TSMC Nanjing being the primary investees. Major shareholders of TSMC as of September 30, 2024, included ADR-Taiwan Semiconductor Manufacturing Company Ltd. with a 20.49% ownership stake and the National Development Fund, Executive Yuan, holding 6.38%. The detailed financial activities underscore TSMC's strategic expansion and consolidation efforts within the semiconductor industry.
