/biz/ - Business & Finance

If you missed TSM back in June, don't be retarded this time. I'd still shill TSM at its current valuations (I continue to average up at these prices), especially when the market still doesn't realize it's on track to become a monopoly. Heck, TSM in general rarely moves with news. It barely moved even with news of the US subsidy or how it was barely unfazed from losing Huawei (>10% of its revenue at that time) as a customer. I'm still watching it closely and considering getting some calls, not being impatient right now since this will probably crab upwards until closer to Q3 or Q4.

TSM's competition?
>Intel
the most obvious one that even the market moved with the news. Practically out of the race now.
>Samsung
can't get 5 nm to work properly, trying to skip to 3 nm with their GAAFET thing now. Intel tried to skip a node size too and it's not a hopeful process. There are signs they are falling behind even more with losing the Qualcomm deal. They are behind TSM with transistor density and yields.
>SMIC
There are rumours they are already on 7 nm, but they're just gonna run into the same problems as Intel with sub-10 nm node sizes. ASML will not sell their equipment to CCP, only to the west with Taiwan and Korea as exceptions, so it's obvious SMIC will not be using the EUV lithography process for their foundries. SMIC is NOT going to catch up to TSM as the CCP hopes unless they somehow make a deal with ASML, this is not something you can just throw money in and suddenly get results or Intel wouldn't be having so many issues.
>GlobalFoundries
Dropped out of the race 2 years ago.

all the signs are out there but it's too dry for the general market to understand. TSM is such a no-brainer longterm bet, and the rest of the market is only going to realize when it's right up their face with earnings report.

tl;dr if in doubt on where to put your leftover cash, just store it in TSM. Don't bother with timing since the market is slow to realize anyways.