TSM
Taiwan Semiconductor Manufacturing Company Ltd.
stock NYSE ADR

Yeah... I get all that, but.. I've got way too much in AMD, AVGO and NVDA(mostly the later).
I don't see the memory issue clearing up. I think I'm going to sell 5K shares of AVGO and 5K shares of AMD and put it in MU and the rest in TSM for now.
If AMD gets back to 300... which I could see(on it's way up to the 600 figure OpenAI needs)...
But I just think it's too overbought.
And I could take that from NVDA, but that just seems like it's too cheap right now.
Taxes are part of it. I'll set it at 360 and 430 for AMD and AVGO and let the market decide.

That's one of the odd things about sector investing - you'd think all semiconductor ETFs would be more or less the same but some of them like to do things like "oh we only cover fabless companies" and other peculiarities.
Regarding SOXX and SMH, I went with SOXX primarily because it was a little more well diversified and equal weight compared to how top-heavy SMH is. Like, I already own NVDA and AVGO through my large cap ETF, and I'm looking for semiconductors on a whole moreso than just overweighting those two even more(disclosure: I also own them both in my actively traded account).
Forgive the slop for a second, but I did use an LLM to parse the data for a more thorough comparison beyond my own opinion:
SMH says: **own the largest, most liquid industry leaders harder.**
SOXX says: **own the semiconductor ecosystem more evenly.**
# Meaningful holdings SMH has that SOXX does not appear to emphasize
Based on the current VanEck list and the current top SOXX holdings list, these are the most meaningful SMH differentiators:
* **SNPS** — Synopsys
* **CDNS** — Cadence Design Systems
* **ARM** — Arm Holdings
* **STM** — STMicroelectronics
* **SWKS** — Skyworks Solutions
SNPS and CDNS are especially important because they add **EDA/software-like semiconductor infrastructure exposure**, not just chip designers/manufacturers. ARM adds architecture/IP exposure. VanEck’s official holdings list includes SNPS, CDNS, ARM, STM, and SWKS.
# Meaningful holdings SOXX has that SMH does not appear to emphasize
Based on the current SOXX top-25 list and SMH’s full listed holdings, SOXX gives you more exposure to:
* **CRDO** — Credo Technology
* **ENTG** — Entegris
* **MTSI** — MACOM Technology Solutions
* **ASX** — ASE Technology
* **NVMI** — Nova Ltd.
SOXX also has **more weight in AMD/MU/MRVL relative to SMH**, while SMH has much more in NVDA and TSM. SOXX’s visible top-25 list includes CRDO, ENTG, MTSI, ASX, and Nova; SMH’s official list does not include those names in its listed daily holdings.

\~slop ended\~
I don't think either is a bad choice, by any means. This just comes down to, again, what I was making a decision on with the context of the rest of my portfolio at play. And as a tinkerer I actually want to do a deeper dig into the other major(and minor?) semiconductor ETFs out there to see if there's a gem I'm missing out on that does something particularly unique.

Yeah... I've owned TSM for years kid. 5,000 shares in TSM as well.
You're still the kid. Why are you so worried about what NVDA is doing if you don't even own it? It's... bizarre and willfully ignorant?
TSM is great. Nobody has said a WORD about TSM. Also a nice $4,750 a quarter to re-invest in some shit.

You really have no argument other than "look at it's done in the past few months?"
You're 100% the kid. I've built generational wealth on NVDA, you're... up... what, 100K? Is it even that? LOL...

Wow NVDA is doing well today - they are now back to their Oct'25 level!
In the meantime astute investors know that as AMZN and Google take away NVDA business, the common denominator to invest in is the fabs. This is what it looks like for those that followed my advice to rotate to INTC and TSM:
https://preview.redd.it/cj7v65p4sbzg1.png?width=662&format=png&auto=webp&s=1bd6895fbfbdeedcb7ca4462e864d266905df4d6

This is what rotating to INTC and TSM over the past year looks like for me. Your NVDA has gone backwards....now who's the kid? LOL.
https://preview.redd.it/1s9lpj8crbzg1.png?width=662&format=png&auto=webp&s=593de285d7c8032835a7fe225ff3f0a75c542fe5

Nana und Clownsorange gefällt das 🫠
*$AAPL has held early talks with $INTC and Samsung about making its main device processors in the U.S. as a backup to $TSM.*
*No orders have been placed yet, but Apple is exploring extra supply as AI data center demand and stronger Mac sales tighten chip availability* – Polymarket Money

[AAPL](https://www.onvista.de/aktien/Apple-Aktie-US0378331005) - 🍏 📃@236,55€(0,08% 🥱)
[INTC](https://www.onvista.de/aktien/Intel-Aktie-US4581401001) - Intel 📃@85,36€(4,62% 🍗)
[TSM](https://www.onvista.de/aktien/TAIWAN-SEMICONDUCTOR-MANUFACTURING-CO-LTD-Aktie-US8740391003) - TSMC Taiwan Semiconductor (ADR) 📃@343,50€(0,00% 🥱)

Below you can find what I have managed to complie to be the companies involved in Optical communications. Let me know if I've missed any tickers:
|Layer|Category|Ticker|Company Name|
|:-|:-|:-|:-|
|IC Design & Manufacturing|ASIC & xPU Design|NVDA|NVIDIA|
|IC Design & Manufacturing|ASIC & xPU Design|MRVL|Marvell|
|IC Design & Manufacturing|ASIC & xPU Design|AVGO|Broadcom|
|IC Design & Manufacturing|ASIC & xPU Design|INTC|Intel|
|IC Design & Manufacturing|ASIC & xPU Design|AMD|Advanced Micro Devices|
|IC Design & Manufacturing|ASIC & xPU Design|CSCO|Cisco|
|IC Design & Manufacturing|Photonic IC Design|NVDA|NVIDIA|
|IC Design & Manufacturing|Photonic IC Design|MRVL|Marvell|
|IC Design & Manufacturing|Photonic IC Design|AVGO|Broadcom|
|IC Design & Manufacturing|Photonic IC Design|LITE|Lumentum|
|IC Design & Manufacturing|Photonic IC Design|COHR|Coherent|
|IC Design & Manufacturing|Electronic IC|NVDA|NVIDIA|
|IC Design & Manufacturing|Electronic IC|MRVL|Marvell|
|IC Design & Manufacturing|Electronic IC|LITE|Lumentum|
|IC Design & Manufacturing|Electronic IC|COHR|Coherent|
|IC Design & Manufacturing|Electronic IC|MTSI|MACOM Technology Solutions|
|IC Design & Manufacturing|Wafer Foundry|TSM|TSMC|
|IC Design & Manufacturing|Wafer Foundry|TSEM|Tower Semiconductor|
|IC Design & Manufacturing|Wafer Foundry|GFS|GlobalFoundries|
|IC Design & Manufacturing|Wafer Foundry|UMC|UMC|
|||||
|Materials|InP Substrate|AXTI|AXT Inc|
|Materials|InP Substrate|5016|JX Metals|
|Materials|InP Substrate|5802|Sumitomo Electric Industries|
|Materials|InP Epitaxial Wafer|IQE|IQE|
|Materials|InP Epitaxial Wafer|5802|Sumitomo Electric Industries|
|Materials|GaAs Substrate|AXTI|AXT Inc|
|Materials|GaAs Substrate|5802|Sumitomo Electric Industries|
|Materials|Copper Foil|5706|Mitsui Kinzoku|
|Materials|Copper Foil|5801|Furukawa Electric|
|||||
|Optical Components|Laser/Light Source (VCSEL)|LITE|Lumentum|
|Optical Components|Laser/Light Source (VCSEL)|COHR|Coherent|
|Optical Components|Laser/Light Source (VCSEL)|AVGO|Broadcom|
|Optical Components|Laser/Light Source (VCSEL)|AAOI|Applied Optoelectronics|
|Optical Components|Laser/Light Source (VCSEL)|5802|Sumitomo Electric Industries|
|Optical Components|Laser/Light Source (VCSEL)|5801|Furukawa Electric|
|Optical Components|Laser/Light Source (VCSEL)|6503|Mitsubishi Electric|
|Optical Components|Laser/Light Source (EML)|LITE|Lumentum|
|Optical Components|Laser/Light Source (EML)|COHR|Coherent|
|Optical Components|Laser/Light Source (EML)|AVGO|Broadcom|
|Optical Components|Laser/Light Source (EML)|5802|Sumitomo Electric Industries|
|Optical Components|Laser/Light Source (EML)|5801|Furukawa Electric|
|Optical Components|Laser/Light Source (EML)|6503|Mitsubishi Electric|
|Optical Components|Optical Module Assembly & Integration|COHR|Coherent|
|Optical Components|Optical Module Assembly & Integration|LITE|Lumentum|
|Optical Components|Optical Module Assembly & Integration|CSCO|Cisco|
|Optical Components|Optical Module Assembly & Integration|MRVL|Marvell|
|Optical Components|Optical Module Assembly & Integration|FN|Fabrinet|
|Optical Components|Optical Module Assembly & Integration|NOK|Nokia|
|Optical Components|Optical Module Assembly & Integration|6166|Cambridge Industries|
|Optical Components|Fiber Array Unit|5802|Sumitomo Electric Industries|
|Optical Components|MPO Connector|GLW|Corning|
|Optical Components|MPO Connector|APH|Amphenol|
|Optical Components|MPO Connector|5802|Sumitomo Electric Industries|
|Optical Components|MPO Connector|5803|Fujikura|
|Optical Components|Coupler/Splitter|LITE|Lumentum|
|Optical Components|Coupler/Splitter|COHR|Coherent|
|Optical Components|Filter|LITE|Lumentum|
|Optical Components|Filter|COHR|Coherent|
|Optical Components|Filter|VIAV|Viavi Solutions|
|Optical Components|Filter|5802|Sumitomo Electric Industries|
|Optical Components|VSFF Connector|GLW|Corning|
|Optical Components|VSFF Connector|APH|Amphenol|
|Optical Components|VSFF Connector|5802|Sumitomo Electric Industries|
|Optical Components|VSFF Connector|5803|Fujikura|
|Optical Components|Wavelength Division Multiplexer|LITE|Lumentum|
|Optical Components|Wavelength Division Multiplexer|CIEN|Ciena|
|Optical Components|Optical Fiber|GLW|Corning|
|Optical Components|Optical Fiber|5801|Furukawa Electric|
|Optical Components|Optical Fiber|5802|Sumitomo Electric Industries|
|Optical Components|Optical Fiber|5803|Fujikura|
|Optical Components|Optical Fiber|6869|Yangtze Optical Fibre and Cable|
|Optical Components|Attenuator|LITE|Lumentum|
|Optical Components|MT Ferrule|5801|Furukawa Electric|
|Optical Components|MT Ferrule|5802|Sumitomo Electric Industries|
|||||
|Packaging & Testing|Packaging & Testing Services|ASX|ASE Group|
|Packaging & Testing|Packaging & Testing Services|AMKR|Amkor Technology|
|Packaging & Testing|Packaging & Testing Services|FN|Fabrinet|
|Packaging & Testing|Packaging & Testing Services|JBL|Jabil|
|Packaging & Testing|Packaging Equipment|KLIC|Kulicke & Soffa|
|Packaging & Testing|Packaging Equipment|ASMPT|ASM Pacific Technology|
|Packaging & Testing|Packaging Equipment|6340|Shibuya Corporation|
|Packaging & Testing|Test Equipment|TER|Teradyne|
|Packaging & Testing|Test Equipment|KEYS|Keysight Technologies|
|Packaging & Testing|Test Equipment|FORM|FormFactor|
|Packaging & Testing|Test Equipment|ATEYY|Advantest (ADR)|
|Packaging & Testing|Test Equipment|8035|Tokyo Electron|

Hmm nach all den 🚀 bei den Halbleiter und Speicherbuden $SNDK $WDC $XS4 oder $TSM ist die Party schon gelaufen oder ist da noch das ein oder andere Dönerchen zu holen?

[SNDK](https://www.onvista.de/aktien/SANDISK-LLC-Aktie-US80004C2008) - SanDisk 📃@1070,00€(0,94% 🥱)
[WDC](https://www.onvista.de/aktien/WESTERN-DIGITAL-CORP-Aktie-US9581021055) - Western Digital 📃@384,60€(2,75% 🤑)
[XS4](https://www.onvista.de/aktien/ON-SEMICONDUCTOR-CORP-Aktie-US6821891057) - ON Semiconductor 📃@83,01€(0,72% 🥱)
[TSM](https://www.onvista.de/aktien/TAIWAN-SEMICONDUCTOR-MANUFACTURING-CO-LTD-Aktie-US8740391003) - TSMC Taiwan Semiconductor (ADR) 📃@344,50€(0,29% 🥱)

Well... no, you're VERY wrong here. If China were to set up a blockade, it'd cripple the US economy. Like..1929 type cripple it.
The idea that what China does is "largely irrelevant to the US markets," is nonsensical.
Though you kinda give yourself an out with the "because the government is making policies to make it that way."
What way? What are you saying? What "policies" do you think the US is making whereupon the World's other Super Power doesn't impact it financially?
7 of the 10 largest US companies would be immediately and DIRECTLY impacted.

I THINK you're talking about Biden's Chips Act that incentivized TSM to invest 100B in the United States... similar to what they did in Japan and Georgia... but they're not even CLOSE to being able to handle the load. 90% of the top end Chips are still made In Taiwan and they optimistic estimates are that they're on pace to make 15% in the US by 2029.
The 2 and 3 NM Chips and even those smaller ones, they're still almost in Taiwan.
We can be a BIT more rational here.
1-China didn't set up a blockade in 2022, they're not going to destabilize the Global Economy and do so now, AND;
2-If they DID, we wouldn't be able to do anything because on any of our policies "making it that way."

No, what's a joke is that you think China caused the market to crash in 2022 while creating a blockade of Taiwan.

You need to zoom out bud. China is more interested in Oil and Economic stability and getting a long term deal. How China went from paying 25% market rate in Venezuela to 100%, how they're facing rising prices due to the Iran conflict.

But you think China set up a blockade in 2022, so... you're already starting from a place of woefully inaccurate information.

And yes, my portfolio is HEAVILY invested and impacted by the semiconductor market.
I've bought 1500 shares of NVDA in 2019, 1000 in 2023, bought 5K of TSM in '22, 500 of AVGO at 500 in '22, 5K of AMD in April and another 4750 of AVGO that week Trump did his asinine tariffs.

But guess what? If China wants to set up a blockade or if they want to take Taiwan NOW... there's nothing we can do about it. It's crash the ENTIRE economy. It's not like it's be mostly alright... just THIS little sector would take a dip. No, we'd all be fucked. So.... yeah, I'm not staying up at night worrying about that part of my portfolio.
YOU think because you're on a NVDA site, NVDA is going to be the primary issue of the world's super powers meeting. You have a misunderstanding of China, engaging in War Games as they do EVERY year(along with join operations the US conducts with South Korea, Taiwan, Japan) and you think this meeting is about that because that's all you're looking at.


Also, if you're so interested in this, you should be paying closer attention. China has JUST fired SEVERAL of their highest ranking military officials. Xi is looking for STABILITY. And they're the country that ... literally wrote the Art of War.
See "winning without fighting."
We've seen in the past year, the EU, Asian Nations, even canada, all strengthening their ties withChina. Ya think it's GOOD for them or BD for them to start a global depression?
Iran
Rare Earth Minerals
The supply chain
Energy Crisis
I don't know what you want from me though? Should I sell NVDA, AMD, TSM and AVGO... probably AMZN, MSFT, GOOGL because... MAYBE China could set up the blockade you THINK they set up in 2022?

I sadly bought calls on TSM and panicked and reversed my position the next morning because of a $10 drop that turned into like a 45-50k loss.

I started the year with $535.86. I made a series of correct put options plays on earnings starting with Micron and Microsoft, then I bet on Next Decade Corp (April expiry options, calls, a month early for most of them.) and, worse, I bought tons of Puts on Taiwan Semiconductor and Nvidia that weren't South.
The Nextdecade calls recovered. The rest didn't.
I'm still up a ton and in the process of cashing out. But does anyone else get mad about this? If I cashed out earlier and didn't bet against TSM and Nvidia I'd be able to pay off my student loans, credit cards, and buy a new car and still have money left over.

TSM and NBIS

VOO VXUS AVUV, TSM URA
SPLIT 60/20/10/5/5

Here's the thing, RDDT, TSM, and XYZ still goin up
That's enough to keep me flat today

Memory stocks (SNDK/MU/WDC etc , NBIS, INTEL/AMD (CPU shortage), TSM, RKLB (if the pump start before SpaceX IPO) and some more but they're low float.

Investing or holding amd right now is less about CPU and more about how much of the data center GPU pie crust they get to nibble on. A tech podcast I listen to had a really good point i never personally considered. As everyone is trying to grab all things data center, be it asic or gpu, every company is limited by its TSM allotment. Jensen could sell out every wafer tsm can produce but TSM has to supply apple, broadcom, amd etc. So AMD may be getting sales by default, because they dont have a huge waitlist. They are a comparatively small player in that data center space, but it has a much larger impact on their earnings. Near term that is the bull case long term that is the bear case. Something to consider

1. TSM 2. Goog 3. Amzn 4. Avgo 5. Crcl