George Soros Quietly Raised His Taiwan Semi Stake by 1,000%. Here’s Why You Should Be Buying Too.

Wall Street can’t seem to agree on Taiwan Semiconductor (TSM). In the second quarter, hedge funds were almost evenly split, with roughly as many selling shares as were adding to their stakes. But one move stood out. George Soros’ fund, Soros Capital Management, lifted its TSMC stake by more than 1,000%, taking it to around $37 million. Other well-known names increased their holdings, too, including Third Point, Appaloosa, and Stanley Druckenmiller’s Duquesne Family Office. On the other hand, funds like Lone Pine and SoftBank (SFTBY) cut hard.

So, who’s reading it right? The recent numbers make a strong case for the buyers.