Taiwan Semiconductor Manufacturing (TSM) Surged on Long-Term Trends
Key takeaways
- A copy of the letter is available to download here.
- In its first-quarter 2026 investor letter, Impax Global Environmental Markets Fund highlighted Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM).
- Impax Global Environmental Markets Fund stated the following regarding Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in its Q1 2026 investor letter:
Taiwan Semiconductor Manufacturing (TSM) Surged on Long-Term Trends Soumya Eswaran Wed, June 3, 2026 at 8:43 PM GMT+7 3 min read TSM Impax Asset Management, an investment management firm based in London, specializing in sustainable investing, released its first-quarter 2026 investor letter for its “Impax Global Environmental Markets Fund”. A copy of the letter is available to download here. The Fund stood resilient in the quarter by outperforming its primary benchmark, the MSCI ACWI index. The stock selection in Information Technology (IT), along with businesses with strong earnings and Materials, drove the performance in a volatile environment. Global equity markets started the year on a positive note, but finished lower due to a risk-off environment. In this landscape, the firm s emphasis is on solutions such as renewable energy to improve energy security and efficiency, as well as on more efficient grids, power storage, and technologies that reduce energy intensity. In addition, please check the firm’s top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Impax Global Environmental Markets Fund highlighted Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM). Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s leading contract chip manufacturer, producing advanced semiconductors for major global technology companies. On June 2, 2026, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) closed at $446.69 per share. One-month return of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was 6.48%, and its shares gained 120.70% over the past 52 weeks. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has a market capitalization of $2.317 trillion.
Impax Global Environmental Markets Fund stated the following regarding Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in its Q1 2026 investor letter: