TSM
Taiwan Semiconductor Manufacturing Company Ltd.
stock NYSE ADR

The supply chain doesn’t exist yet and most robot makers are private companies and will be vertically integrated, so the only real way to invest in it is directly in the robot makers - who are mostly private. You can try HUMN and KOID but they’re mostly Chinese companies. ARKVX has a little figure AI. TSLA is obvious but you’re also buying cybercab and Tesla vehicles, not exclusively robots (cybercab technically is a robot though).
Good news is AI is an indirect play on robots (the brain). So pretty much any AI company or AI etf will do, NVDA and TSM especially

Are you worried about Intel taking TSM returns away ?

TSM, DB, NWG,AA,T, and some etf's.

I’m sure they will. Idk how as I wasn’t at the meeting but I believe you. Microsoft is my current favorite and fully believe I should put as much in as possible. It’s like how I felt about TSM 5 years ago

All big semis are now subject to huge volatility. Just look at TER and LRCX as well which in past typically didn'tmove like an AMD/MU/NVDA/AVGO/TSM/ASML.
But it happens in both directions. KLAC was in the $240's to start last week and hit $300. So basically it took a round trip in a short 4 day week to start/end at \~$248/235.

Yes I am, and thanks; I appreciate it.
ASML and TSM have competitive advantages which keep their ROIC high and not get competed down, and those moats keep competition deterred from entering. So it's arguably not-so-easily replicable.
However, for airlines, transporting you from one place to another is a commodity, much like a product. you can choose either united or american to take you from LA to NYC at the same time, and you'd opt for whichever is cheaper.
Again, it does not mean moats are permanent; there are mechanism why a high moat company like Intel/IBM from 20 years ago are not market leader in their segment today
I have explained why this happens in much more detail in the article.

ASML TSM KLAC would probably be at the top of my list. 2nd tier NVDA LRCX GOOG AMZN MSFT. That said, I am an avid dip buyer and if any particular stock dropped 50-75% there's a good chance I'm picking it up, even garbage memestonks.

Amazing article. Are you the author ?
Makes me think about how airline operators made a bad return but companies like Boeing did pretty well. TSM ASML

TSM, multi year backlog. New fabs coming online in 27 & 28.
MU, backlog through at least most of 2027. Long term multi year contracts being signed for capacity commitment. New fabs possibly coming online in 2028.
NVDIA, significant backlog (undisclosed), and able to sell any of the top end boards with significant price premiums.
AMD - not a guarantee but almost certain. Currently producing the best server class and gaming class CPUs. Running an AMD in my personal desktop & laptop for the first time since the K6 series of 20 years ago. They are chipping away at Intel's lead in the server markets. Showing strong growth and solid financials.
Honorable Mentions:
ASX - Earnings next week. Strong growth indications. Data center buildouts are not stopping.
MRVL - I don't own this one, but has been on my watch list for a good while. Strong earnings increases. They make the components that other companies use to make network equipment. Huge demand, that will not be slowing down. High PE & PEG on them, so may be more of a long term payoff.
Anyone thinking that AI is going to die does not have their finger on the pulse. AI is expanding massively within corporate environments, and basic server demand is not going away, it is only increasing. Panicking over a pullback after massive growth in an industry that is nothing but growth for a number of years is just pulling a chicken little.

TSM, TE, TTWO

After $2 Trillion market cap push in only 3 companies, $INTC $AMD $MU, cracks appear in semi sector.
Many semi cooling from peak $SNDK $WDC $STX $ASML $AMAT $TSM $NVDA $LRCX $ARM & many in $SMH $QQQ
Can they get correction like $PLTR $SMCI $ORCL or this time is different?
Time will tell, how big is crash?

I hope they figure it out, we need another TSM.

We don't even know what their interest rates are.
I've for 3.5% interest rate on a 40 unit building I bought recently.
I'm NOT taking out equity to pay that off. In fact, if I cared to, I'd take out a home equity line of credit that I have available to invest if there was something I liked more...
But I'm pretty much TSM, NVDA, MSFT, AMZN right now and I have plenty of shares of each right now.
If anything, I wish I'd have put more money into SPCX at 157 to sell on Monday after the Nasdaq causes it to run up 20-25% before close.

I hold SOXQ. Lower expense ratio, but the main reason is I already own a ton of NVDA and TSM individually. SOXQ less overlap with those.

These two and more are all memory stocks whether being AI memory (MU, SK Hynix, Samsung) or NAND/SSD (SNDK, WDC, STX) or Memory equipment suppliers-shovels (LRCX, AMAT, KLAC, ASML) or memory packaging/HBM enablers (TSM, ASX, AMKR)
One of them will be the queen of this space and right now MU has the highest chance but who really knows?! nobody
Just buy DRAM and let ETF active management take care of rotating toward the winner.

TSM

Next 2-3 weeks should feature lots of outsized moves based on the huge rotations we've seen at the end of June/beginning of July.
I think we see big run ups on GOOG, TSM, and NVDA. Those 3 to me feel like where AI money will start to run to on any rotation back to semis.
The highest flyers of the past 3 months had mini-blow off tops, so I wouldn't touch those for the next couple of weeks: LRCX, KLAC, AMAT, ALAB, AMD, etc.
Feels like money will go where there's perceived "AI safety" (to me that's GOOG, TSM, NVDA). I don't trust any positive move on MSFT (or AAPL). MSFT has been trading up on down days only, which is almost never a sign of strength and instead just a sign of short covering or closings of paired trades (with MSFT being a hedge).

TSM has had a couple of days pullback. Good entry point for another long position. My TSM contracts have been my most valuable play this year.

TSM finally shutting their factory doors on monday

TSM pump into close PLZ, i changed my mind and don't want to hold these calls over the long weekend