$Taiwan Semiconductor Manufacturing(TSM)$ HK delivered strong numbers. Hyperscalers are up next for earnings. This stock still sitting under 500 honestly surprises me. Listening to Jensen, he genuinely sees TSMC as the one partner for his company. In Germany, he basically said TSMC is the only one he trusts to get the chips they need. Not sure what further endorsement this company needs to get into the 500s.
$Intel(INTC)$ I think the only real move here is to compete with TSM. That means raising more capital through an equity raise and bringing in chip talent from Taiwan before the window closes.
$Advanced Micro Devices(AMD)$ NOV20 545C, still actionable. Zone: $527.56 to $535.00 Invalidation: close under $514.01 Objectives: $556.79, then $568.62 The math works out to a 4.8% move to the first objective and 7.0% to the second, against 3.3% risk on the invalidation, which is better than 2 to 1 to the second target. The stock spent two weeks sliding from above $650 and then climbed back today, gaining nearly 3% to close near $531. The bounce matters because buyers held the line near $514 today after it had already found its feet near $502 last week. The November 3 report after the close gives them a fresh reason to keep pushing toward $556.79 first and then $568.62, while a close under $514.01 says the boun
$Advanced Micro Devices(AMD)$ ORCL has been painful to hold, same feeling I had with AMD last year back when we were calling it Advanced Money Destroyer. Just being patient here. I think $300 is coming next year.
$Taiwan Semiconductor Manufacturing(TSM)$ Speculators tend to end up making a lot less than long-term investors. Holding this for the next four years could at least double your money, if not triple it.
Chinese giants ByteDance, Alibaba, and Tencent just placed orders for more than $35 billion worth of Nvidia's new RTX PRO 5500 cards. Demand from China is still strong enough that Nvidia is telling partners it can't guarantee it can fill all the orders. Even with the AI trade getting questioned, the actual chip orders keep coming in size. $NVIDIA(NVDA)$ $Taiwan Semiconductor Manufacturing(TSM)$
$NVIDIA(NVDA)$ Musk and Jensen are going to make bulls a lot more money. With these two geniuses working so closely together, holding for the future feels pretty easy.
$Taiwan Semiconductor Manufacturing(TSM)$ Foreign investors have been dumping TSMC ordinary shares in volume for 10 straight days, trying to push the stock price down without any sound reason. Some ETFs face limits on how much they can hold due to the higher share price, but that doesn't really count as a valid explanation. Their total holding has dropped to 17,806.505m shares, or 68.7% of TSMC's outstanding shares. Meanwhile, domestic investment trusts have been defending TSMC for 15 straight days. I haven't seen this kind of aggressive selling combined with domestic support in decades. Taiwan's government has done a good job allowing domestic funds to increase their holdings in a single stock, and it does help TSMC a lot.