TSM
Taiwan Semiconductor Manufacturing Company Ltd.
stock NYSE ADR

Check out EUV. "Lithography & Semiconductor Photonics ETF"
CIEN/LITE/COHR/GLW/etc coupled with TSM/ASMML/LRCX/AMAT/KLAC/etc.
Only its fourth day (but over 200k volume after three hours) but neither the connectivity or semiconductor equipment stocks have had a focused ETF before.

If TSM rebounds, it could be really strong.

It's not a bubble, its a technological boom. FYI, memory price increased in April, and just again in May. MU has ER next month, so lets see how they guide. But anyone saying they are priced to perfection is ridiclous. Same people were saying the samething with NVDA in 2023. Ai demand and use is very real. Claude is incredible.
What happens if MU raises gudiance, and beats EPS again, and again. This cycle is going last a lot longer than previous cycle. With TSM reporting being fulled booked until 2029, and demand creeping into 2030 is very real. Also, TSM reports monthly in Taiwan. Their may report was phenemonal. If you think cycle has peaked you will see it first in TSM monthly reports.

Because the market still prices in TSM for cheaper than other chip plays specifically for that reason. I'm not saying the risk is high or low, I'm saying the price of the stock still reflects it. We are having a different discussion.

i actually like both ASTS and VST for the reasons you mentioned. ASTS is the higher upside “if this works globally” play, while VST feels like the more stable infrastructure bet tied directly to AI power demand.
if I had to pick one high-conviction play for Q3 2026 though, I’d probably lean toward a “picks and shovels” angle instead of pure hype, companies tied to energy, semis, or data infrastructure rather than speculative AI apps. Stuff like VST, QCOM, or even TSM still make a lot of sense to me because they profit regardless of which AI company wins.
also i think a lot of people are underestimating how massive the energy/grid story could become over the next few years. AI demand is exploding, but the power infrastructure needed to support it is still catching up
and im in a trading Discord with 50k+ members where people share setups, long-term plays, breakdowns, and market discussions daily if anyone wants to check it out too: https://discord.gg/tV47E6F8bn

That's the way to do it. Invest in speculative stocks during a bull run and scale out and then the put the money back into SPY. Wait for the next SPY correction to rotate from SPY back into speculative stocks, rinse repeat.
I'm waiting for TSM to hit like $500 so I can cash an almost 400% profit and rotate that money back into SPY

This was the conclusion of his paid service. He really hate chasing rallies but said after talking to Amazon he thinks it's not too late.
I'm not a Cramer hater and in fact made lots of money riding his early Nvidia calls. He's also been right on GEV, LLY, Apple, etc. But he definitely missed the memory trade.
His other big call was TSM. He said TSM missing some business from Apple was actually a *good* thing, because now they can use that capacity for other people (newer customers) who they can charge *more*.
It's fine if you guys think you'll be the first one to make the "inverse Cramer" joke here. But please along with the jokes add in some of your own analysis I'm actually curious if you think this call indicates the top or just the beginning.

buy TSM

Another nice pull back on TSM - I’ll sell another put thank you very much

Are all semis rallying except for TSM because of their developing independence to TSM?

Because the risk of invasion is small as long as TSM is on the island. US will not provoke China as these assets are vulnerable there and China does not prefer an invasion, it prefers the status quo in the hope of a peaceful reunification one day. Everyday China comes closer to succesful reunification as it keeps developing and shows that it can become wealthy under its current governance. Everyday if an invasion is provoked, China also gets closer as it's manufacturing capabilities get even better (modern warfare will rely more and more on manufacturing with drones and automatisatiom etc.

This will most likely change dramatically for TSM in the not so distant future.
Apple accounts for approximately 20% to 25% of Taiwan Semiconductor Manufacturing Company's (TSMC) annual revenue, remaining its largest client. Apple consistently secures over 50% of TSMC's advanced production capacity, such as 2nm and 3nm nodes, to power its iPhones and Macs.

To add to my own comment - TSM is largely held back by the risk premium related to a possible Chinese invasion of Taiwan... but yet the companies that they produce chips for the market has assigned no associated risk. An efficient market would realize that if TSM goes down the entire thing goes down. The very existence of large green days and large red days is proof that the market moves on vibes and not all available knowledge.

Anyone buying TSM today?

US companies are not diversified enough? Specially mag7? And those rising from all-world are mostly semiconductors like TSM SK Hynix and Samsung who are their clients again? US right?
Right?

There’s a term they use in the military for novice heavy machine gunners: Spray and Pray.
I looked at the one you were reviewing and the bulk of it is TSM in Taiwan which is the opposite of what I want in a laser satellite.

I've also been looking into PSI above any other ones - or FTXL which is basically the same. They both use their own formulas for determining how to weigh holdings.
There is also XSD which is doing the best in the last month (but not better past that) which uses more equal weighing. It is also cheaper.
Everyone here just parrots SMH and quotes their superior returns over the past 3/5/10 years. But is this not just thanks to NVDA (and TSM) rise during this time, as they have been almost 30% of holdings historically? Will NVDA maintain the same insane growth as it did over the past decade? I'm leaning towards no. Might be that other semi players have more room for growth now.

TSM calls at open free money

Because it doesn’t work. I had significant positions in NVDA and TSM, if I had them now, I would have nominal performance instead of the 16% gains MTD since switching to a semiconductor ETF. I wouldn’t have seen the MU and SNDK outperformance until too late.

TSM is a great choice so is nvidia. Sometimes the best way to play a theme is the most obvious way. I bought Apple at 1T and everyone called me stupid. Now it’s 4.2 T.