TSM
Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited (TSM) is a pure-play semiconductor foundry with $1.9T market cap, with primary political signal being a $6.6B CHIPS Act grant and up to $5B loan from the U.S. Department of Commerce for Arizona fabrication plants.
Govt Dependence
35/100
Regulatory Density
60/100
Lobbying Intensity
0/100
Political Signal
BULLISH
BusinessWhat TSM does
TSMC is a dedicated semiconductor foundry, manufacturing integrated circuits for clients based on their designs. Its revenue is derived from wafer fabrication, mask production, and related services across technology nodes including advanced processes. The company serves global technology firms in computing, communications, consumer electronics, and industrial segments.
12 months past · 3 months futureTSM activity timeline
Congress
buy
sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened
+ added
− trimmed
closed
holds
Bills
past action (this ticker)
upcoming markup (sector)
★ carveout (this ticker)
240 trading days ·
25 congressional trades shown
·
6 insider buys
·
0 13F filings
·
2 past bill actions
·
31 upcoming markups
Executive Branch ConflictsTSM held by Trump-administration officials
1 cabinet/senior official reported TSM positions in OGE Form 278 disclosures across 4 filings.
Sean Duffy
Secretary of Transportation · Department of Transportation
Taiwan Semiconductor Manufacturing Co LTD ADR
Sean Duffy
Secretary of Transportation · Department of Transportation
Taiwan Semiconductor Manufacturing Co Ltd ADR
Sean Duffy
Secretary of Transportation · Department of Transportation
Taiwan Semiconductor Manufacturing Company Ltd.
Sean Duffy
Secretary of Transportation · Department of Transportation
Taiwan Semiconductor Manufacturing Company Ltd.
Federal Money INTO TSMGovernment equity stakes, loans & grants
$6.60B
total federal capital deployed
$5.00B
loans
$6.60B
grants
$6.60B
CHIPS Act
Commerce
2024-04-08
$5.00B loan · $6.60B grant
$6.6B grant + up to $5B loan for Arizona fabs.
+8.5% 30-day post-announcement
Lifetime Government AwardsTSM federal contracts
TSM doesn't hold direct federal contracts.
Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.
Politicians Trading TSMMembers of Congress with recent TSM positions
13 politicians traded TSM across 90 disclosed transactions totaling $4.0M (last 730 days).
Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just TSM). 0-30 LOW · 30-60 MID · 60+ HIGH.
Cleo Fields
18 buys
$2.3M
2026-04-09
LOW · 6
Lisa C. McClain
10 buys
10 sells
$811K
2025-10-31
LOW · 0
Michael T. McCaul
8 sells
$345K
2025-06-16
LOW · 0
Gilbert Ray Cisneros
4 buys
1 sell
$207K
2026-02-26
HIGH · 61
Josh Gottheimer
16 sells
$128K
2025-04-09
LOW · 1
Julia Letlow
2 buys
2 sells
$57K
2026-02-02
LOW · 1
Val T. Hoyle
4 buys
2 sells
$48K
2025-09-23
LOW · 0
Bruce Westerman
2 buys
2 sells
$32K
2025-04-21
LOW · 0
Julie Johnson
2 sells
$16K
2025-03-11
LOW · 15
Robert P. Bresnahan
2 sells
$16K
2025-03-03
LOW · 0
Sheri Biggs
2 sells
$16K
2025-03-18
LOW · 0
Jared Moskowitz
2 buys
$16K
2025-10-10
LOW · 0
Rick W. Allen
1 buy
$8K
2026-02-19
LOW · 2
Congressional TradesWho in Congress is trading TSM
2026-04-09
Cleo Fields
Purchase
$1,001 - $15,000
2026-02-02
Julia Letlow
Purchase
$1,001 - $15,000
2026-02-19
Rick W. Allen
Purchase
$1,001 - $15,000
2026-02-26
Gilbert Ray Cisneros
Purchase
$1,001 - $15,000
2026-02-09
Gilbert Ray Cisneros
Purchase
$100,001 - $250,000
2026-01-30
Gilbert Ray Cisneros
Purchase
$1,001 - $15,000
2026-01-08
Cleo Fields
Purchase
$1,001 - $15,000
2025-07-24
Julia Letlow
Sale
$1,001 - $15,000
173d late
2024-10-23
Julia Letlow
Purchase
$15,001 - $50,000
447d late
2025-01-24
Julia Letlow
Sale
$1,001 - $15,000
354d late
2025-12-24
Gilbert Ray Cisneros
Sale
$1,001 - $15,000
2025-11-18
Gilbert Ray Cisneros
Purchase
$1,001 - $15,000
30+ trades on file · most recent 2026-04-20
Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock
Open-market buys
S
Insider signal score 70/100 · 5 distinct insiders · 6 open-market buys totaling $720K in the last 180 days.
2026-03-31
BURNS URSULA M
BUY
1,000 sh
$322K
Bills Affecting TSMLive legislation impacting this stock
HR.1766 · 119th
NTIA Policy and Cybersecurity Coordination Act
HR.1770 · 119th
Consumer Safety Technology Act
HR.1838 · 119th
Broadband Internet for Small Ports Act
HR.2154 · 119th
American Cybersecurity Literacy Act
HR.2099 · 119th
To amend the Workforce Innovation and Opportunity Act to authorize a study to review specific outcomes of entrepreneurial skills d
S.1067 · 119th
Concrete and Asphalt Innovation Act of 2025
S.1018 · 119th
Cybersecurity for Rural Water Systems Act
S.1007 · 119th
9–8–8 Lifeline Cybersecurity Responsibility Act
HR.2058 · 119th
To amend the Workforce Innovation and Opportunity Act to define the term evidence-based.
S.922 · 119th
A bill to amend the Workforce Innovation and Opportunity Act to define the term evidence-based.
Political ProfileWhere TSM sits in Washington
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STRUCTURAL: Major federal industrial policy support via $6.6B CHIPS Act grant and up to $5B loan (get_government_precedent.equity_stakes[0]). EVIDENTIARY: Cluster of 6 corporate insider buys totaling ~$720K by 5 distinct insiders, including a Director purchase of $322K (get_corporate_insider_signal.top_buys). Active congressional trading with 16 transactions in 12 months, net purchase bias. Net: Strong federal capital commitment aligns with insider and congressional buyer interest.
Regulatory ExposureThreats & opportunities
Regulatory threats
-
Geopolitical tensions and potential U.S. export controls affecting semiconductor supply chains.Commerce Bureau of Industry and Security"get_government_precedent.equity_stakes[0].program: CHIPS Act indicates strategic U.S. government interest and oversight."
Regulatory opportunities
-
Access to substantial federal subsidies and loans for domestic semiconductor manufacturing expansion.U.S. Department of Commerce"get_government_precedent.equity_stakes[0]: $6.6B grant + up to $5B loan under CHIPS Act for Arizona fabs."
Capitol Hill AlliesChampions & critics
Congressional champions
- Rep. C001123 Unknown
- Rep. F000110 Unknown
Congressional critics
- No specific congressional critics identified.
Member intelligence layer
Live signals + predictions for TSM — for Founders
The free page above gives you the public record. Members see the real-time intelligence layer on top of it:
- Live 7-layer signal scores when Congress trades TSM
- Bill Pass Index v2 odds for every bill on the watch list
- Iron Triangle alerts (committee × donor × trade)
- SEC Form 4 cluster detection (CEO + CFO + director buys)
- Whale-Opportunity expected-value ranking
- Custom watchlist alerts via email + Discord
Frequently AskedAbout TSM & political exposure
Does Taiwan Semiconductor Manufacturing Company Limited (TSM) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Taiwan Semiconductor Manufacturing Company Limited. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Which Trump cabinet officials own TSM stock?
1 Trump cabinet members or senior White House staff have disclosed holdings in TSM on their OGE 278 financial disclosures, including Sean Duffy. See the Cabinet Conflicts panel for details.
Has Congress traded TSM stock?
246 congressional trades by 33 unique members of Congress, most recently on 2026-04-09. See the Congressional Trading panel for politician-by-politician breakdown.
Has the federal government invested in TSM?
Yes. 1 federal equity / loan / grant deal(s) totaling $6,600,000,000 (programs: CHIPS Act). See the Government Equity Stakes panel for terms.
What is TSM political risk profile?
Government dependence: 35/100. Lobbying intensity: 0/100. Political signal: bullish. Donor party split: R 0% / D 0%.
How does GovGreed track TSM political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. TSM data is updated daily from these official federal sources.