AI News NQ Analysis

National Development Fund Holds TSMC at Nearly Zero Cost, No Short-Term Divestment Plans

NQ Score 94/100

AI Summary (NQ-processed)

Taiwan's National Development Fund (NDF) holds TSMC shares at nearly zero cost, considering dividends and stock distributions. The NDF views TSMC as a crucial national semiconductor company and a core holding, emphasizing no short-term plans for divestment. Currently, the NDF holds about 6.5% of TSMC shares, with a market value of trillions of New Taiwan Dollars.

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Frequently Asked Questions

Q: At what cost does the National Development Fund hold TSMC shares?
A: After accounting for stock and cash dividends, the NDF holds TSMC shares at "nearly zero cost."
Q: Does the National Development Fund plan to sell its TSMC shares?
A: The NDF considers TSMC a core holding and has no short-term plans for divestment.