tsmc's dominance: yuanta taiwan top 50 etf's september 2025 holdings

2025-09-13 tsmc

Taipei, Saturday, 13 September 2025.
yuanta funds’ taiwan top 50 etf’s latest holdings reveal tsmc’s overwhelming influence. the semiconductor giant accounts for a staggering 59.33% of the etf’s total assets as of september 2025. this concentration underscores tsmc’s pivotal role in the taiwanese stock market. for investors tracking taiwan’s economic health via etfs, tsmc’s performance is the crucial indicator, given its substantial weighting. the etf mirrors the taiwan 50 index, comprising the exchange’s largest companies.

tsmc’s stock performance and market valuation

Tsmc’s stock has demonstrated significant upward momentum. On september 12, 2025, tsmc’s stock price surged to a new high of NT$1,260, resulting in a market capitalization exceeding NT$32.6 trillion [6]. Goldman Sachs has reiterated a ‘buy’ rating for tsmc, setting a target price of NT$1,370 [6]. This bullish outlook reflects confidence in tsmc’s continued leadership and growth potential in the semiconductor industry [6].

revenue growth and ai tailwinds

Tsmc’s robust financial performance supports its high valuation. August 2025 revenue reached NT$335.772 billion, marking a 3.9% increase month-over-month and a 33.8% increase year-over-year [6]. The cumulative revenue for the first eight months of 2025 amounted to NT$2.431983 trillion, a 37.1% increase compared to the same period last year [6]. This growth is fueled by strong demand for ai accelerators and high-performance computing [7].

advanced process technology leadership

Tsmc’s technological advancements further solidify its market position. The company’s 3nm and 5nm processes are operating at full capacity [7]. The n2 (2nm) process is expected to commence production in the second half of 2025 [7]. Goldman Sachs projects that the 2nm process will account for 11.5% of tsmc’s wafer revenue in 2026, surpassing the 3nm process’s initial contribution [6]. Tsmc is also actively developing the a16 process to enhance the speed and power efficiency of high-performance computing products [7].

geopolitical considerations and us influence

Tsmc’s strategic importance has drawn attention from governments worldwide. The u.s. government has shown interest in influencing tsmc’s operations, including considering equity stakes as part of the ‘chips act’ subsidies [5]. Concerns exist regarding the potential impact of geopolitical tensions on tsmc’s operations and the global chip supply chain [5]. These factors contribute to the complexities surrounding tsmc’s future and its role in the global economy [5].

analyst perspectives on tsmc’s future

Analysts maintain a positive outlook on tsmc’s prospects. They anticipate strong revenue growth in 2025, driven by structural demand in ai and high-performance computing [7]. While short-term gross margins may be affected by the appreciation of the new taiwan dollar and initial costs associated with overseas expansion, the company is expected to maintain high-profitability targets [7]. Tsmc’s ability to adapt to rapid advancements in ai will be critical for its sustained performance [6].

Bronnen

tsmc stock taiwan etf