TSM
Taiwan Semiconductor Manufacturing Company Ltd.
stock NYSE ADR

I’m heavily invested in MU and INTC and that’s about it. Held TSM and ASML until recently but sold most of it. I think Intel is gonna make a huge comeback.

VXUS holds about 8,500-8,800 stocks so it adds a lot of bulk. Thousands of those stocks have been on the decline.
The main things pulling VXUS up especially for its best year in 2025 are tech related stocks like TSM, ASML, Samsung, SK hynix, and similar. Basically, unless there is a major stock market correction which will absolutely suck, VXUS is going to move in a similar direction with VOO and the S&P500.
It can be really good discussing some of the individual holdings of VXUS because it might reveal some of the diversity being added by VXUS is great while other parts are just an illusion.

Here are results from the second week in May (1 day) of running low delta Short Put Verticals aka Bull Put Credit Spreads!
I closed 100 Trades on 26 tickers for a profit of **$ 12,456.**
Here are the highlights:
* **5 losing trade this week out of the 100 for a win rate of 95%**
* **Top profit Ticker - SNDK at $ 2909 and MU at $ 2180**
* **Average profit per trade - $ 125**
* **Average time held for closed trades - 2 days**
* **Percent of premium captured - 27.12%**
I have been day trading these spreads closing at 20% profit due to the market instability hence the lower average per spread for this week.
 Here are my rules for trading credit spreads:
* **All SVP's will be opened 35 to 49 DTE**
* **Short put strike chosen at .20 delta or lower (I have been choosing 13/6 deltas for new verticals).**
* **Long put chosen to achieve a net delta of .07**
* ***All the following criteria must be met prior to opening trade***
* **Analysis of spreads Max Profit must show 80% or more probability for Maximum Profit**
* **Analysis of spread's Break Even must show 80%or more probability for Any Profit**
* **Analysis of Max Loss must show 10% or less Probability for Maximum Loss**
* **ROI for premium collected (premium divided by collateral required for spread) must be 10% or more**
**A copy of current portfolio can be seen here:** [**https://imgur.com/a/Zhn7yFE**](https://imgur.com/a/Zhn7yFE)
**Below are profits for all 26 tickers:**
|Ticker|\# of Trades|Profit +/-|Profit +/-|
|:-|:-|:-|:-|
|SNDK|10|$2,909|$291|
|MU|18|$2,180|$121|
|INTC|12|$1,763|$147|
|AMD|13|$1,265|$97|
|RKLB|3|$845|$282|
|UTHR|2|$768|$384|
|WDC|3|$410|$137|
|ASTS|1|$307|$307|
|CAT|2|$225|$112|
|ARM|3|$224|$75|
|AMAT|3|$210|$70|
|TSLA|3|$208|$69|
|STX|2|$189|$94|
|NVDA|5|$152|$30|
|TSM|2|$116|$58|
|CIEN|1|$112|$112|
|AMZN|2|$100|$50|
|GOOGL|3|$99|$33|
|SMH|2|$66|$33|
|AVGO|1|$64|$64|
|MSTR|3|$60|$20|
|MSFT|1|$53|$53|
|CRCL|1|$52|$52|
|AAPL|2|$37|$18|
|HUT|1|$21|$21|
|PLTR|1|$20|$20|
|Totals|100|$12,457|$125|

Great future prospects!!! Cannot underestimate what a great company like Taiwan Semiconductor Manufacturing Company (TSM) is planning!!! 👍

the AVGO case basically proves your thesis on the high end -- Broadcom raised its dividend dramatically over the past decade and FCF coverage is genuinely solid. but it's not universal across the sector. Intel CUT its dividend significantly in 2023 when the cycle turned and capex demands piled up. that's the thing people miss -- semis are probably the most capex-intensive sector in manufacturing, new fabs can run $20B+ to build, so a lot of that "excess cash" is pre-committed well before shareholders see it.

the names where your thesis actually holds up are AVGO, TSM, maybe ASML -- high ROIC, real moats, FCF growth that genuinely supports payout increases. the broader sector though is more cyclical than the current AI supercycle narrative suggests. worth distinguishing between the infrastructure layer (those 3) vs the fabless names that are more tied to product cycles.

GPU chip manufacturers like TSM pivot frequently, so Nvidia etc can take advantage of the new technology, lower NM chips, however for memory it's a different technology that requires a lot of buildout and it's less useful outside of memory, so only a handful do it, so when there's a crunch, they become the only ones capable, but it could be like 8 years of decreasing profits... They're closer to hard drive manufacturers... Big companies aren't trying to get into the hard drive or memory game, as frequently it's a race to the bottom.

I’d let it cool, RSI is 90. CrowdStrike, Palo Alto, Tesla, TSM and Nvidia all have a lower RSI and look like they can move much more

SMH is an incredibly unique ETF that's basically the only sector ETF that is a good idea to hold long term.
* Best performing non-leveraged ETF of the last 20 years
* Nearly every company in it has strong leadership and financials
* The sector itself is somewhat unique in the fact that it's a bunch of tech companies that also functionally behave like commodities sometimes simply due to how essential their hardware is
* Adding to the above, their hardware is and will continue to be critical to the majority of computing devices for decades at least, barring some massive fundamental change to the very architecture of tech devices
* the moat these companies have is borderline insurmountable. It takes like 5-10 years just to get a single chip factory up and running
* It's just a great diversified way to hold a huge stake in MU, NVDA, AMD, TSM, etc. All that good stuff without the massive volatility and downsides of things like trying to time an entry on AMD for example (look at the past few years)

Apple and Intel have reportedly reached a preliminary agreement that would see Intel make some chips for Apple devices.
If completed, the deal would be the most notable vote of confidence yet for Intel's once-struggling chip foundry business.
Apple currently relies on Taiwan Semiconductor to make all the most advanced chips for its devices.
Should INTC also get their iPhone chip business away from TSM (which I think considering the Geopolitical environment we are in), then LONG INTC and SHORT TSM for sure.

This reminded me that I bought TSM in 2015 with the same theory… and sold right before it took off.

Simultaneous $MU and $TSM flows back on March 31st, totaling $65M and $55M in premiums respectively. ...

Impressively regarded not to watch Sony this week to get in. We got a TSM partnership in Japan and share buy backs announced. Bet that bid gets strong.
https://preview.redd.it/6pgwwuztw00h1.png?width=1169&format=png&auto=webp&s=fc4349fbba26df12f8c568585450e2912aa7ec9f

I am getting a little skeptical on AMD and AVGO, but I think NVDA could still grow...25-30% this year.
We'll have to see if the Rubin projections of 1.5M revised down from 2M 2nd half of the year due to supply constraints from Micron, SK Hynix and even TSM is accurate, but seems to be the consensus. That's... a big difference. Also have to see if companies are willing to pay 100K for the R100. At some point NVDA's not going to be able to just keep raising prices.
Some good news with regard to China would be nice though.

AMZN GOOG ASML TSM META NFLX RBLX PANW BRKB

And they are sharing their toys with TSM.
On May 8, 2026, Sony Solutions announced it had signed a non-binding memorandum of understanding with Taiwan Semiconductor Manufacturing Company to form a strategic partnership for next-generation image sensors. The companies plan to establish a joint venture, majority-controlled by Sony, to develop and produce sensors at Sony’s new fab in Koshi City, Kumamoto Prefecture, combining Sony’s sensor design capabilities with TSMC’s process technology.

Dont forget about his short investment in TSM before it rocketed!

I’m hesitant to make this post as intuitively I recognize this is an individual choice and no one other than me can decide but I am feeling very unsure as a very amateur investor.
Last May I decided to jump into individual stocks after contemplating this for many months. I ended up buying AMD, Rocket Lab, Alphabet, TSM and Bloom Energy. I was very fortunate with timing but my Bloom Investment absolutely exploded. I guess I am looking for advice on how others decide when to sell/take profits. Any advice is appreciated. Thanks.

Smart money knows China is going into Taiwan next year. you just gotta read between the lines. After that no more TSM chips, as Taiwan government has C4 planted on all their Fabs and a finger on the detonator trigger.

Holding. Intel is living off govt cheese, hope, and deals that haven't even been signed.
News of Apple seeking Intel also dropped TSM, picked up more on a discount. Means more capacity for other customers that command higher margins.

Still time to get in IMO. ASML KLAC NVDA TSM even MU. Just don't get greedy. Take profits. Good luck to us all, bruh.