TSM
Taiwan Semiconductor Manufacturing Company Ltd.
stock NYSE ADR

Awesome point buddy. Even though TSM is the most weighted part of the IEMG or AVEM, its valuation is reasonable. I am more worried about the exposure to Korean companies like sk hyinx and Samsung electronics

Omg I was just doing my screening hehe would love to share!
Sectors to the upside: crypto ($BLOK), cyber security ($CIBR) and semis ($SOXX) in the order of strength
Sectors I'm looking for turnaround: Space ($NASA) and Photonics ($FOTO)
Then I'm just looking at the top names from these sectors, but still tryna buy at 21d EMA or 50d SMA support.
As for the stocks:
Semis: SMTC, UMC, AMD the strongest but overextended. MU, MRVL, AEHR, TSM are more actionable but not the direct leaders yet.
Blockchain: PURE, MSTR, HOOD are the strongest but again overextended. Honestly here I would just trade the leaders when they pull back to 21d EMA.
Cyber security: OKTA, CRWD, FTNT, NET are prolly the leaders. I would trade them if they fall down to 21d or other stocks like ANET
other notable mentions I'm tracking: MSFT, MAGS/FNGS (this I think is gonna be a leader! I already have position on this), DRAM

VT or VTI/VXUS split. If you want to be riskier watch the leaders of those funds and do a tilt towards those tickers (NDVA, TSM, AAPL)

SMH is more top-heavy than SOXX. By allowing its winning positions to run larger before rebalancing, it has consistently outperformed SOXX over the past five years.
SOXX has outperformed SMH this year, because all the smaller companies have made more gains than the large ones (NVDA,TSM, AVGO).
I think over long term SMH will continue to outperform SOXX.

|Company|Ticker|TTM net margin|Dividend yield|2026 YTD|Market cap|
|:-|:-|:-|:-|:-|:-|
|**NVIDIA**|NVDA|63.66%|0.47%|\+11.71%|$5.14T|
|**CME Group**|CME|63.12%|1.89% regular|\+4.00%|$99.79B|
|**Texas Pacific Land**|TPL|60.32%|0.65%|\+22.59%|$25.85B|
|**Visa**|V|50.35%|0.71%|\+8.31%|$710.91B|
|**Taiwan Semiconductor Manufacturing**|TSM|49.92%|≈1.1%|\+30.79%|$1.94T|
|**VeriSign**|VRSN|49.77%|1.09%|\+24.14%|$27.19B|
|**Brookfield Asset Management**|BAM|48.89%|4.38%|−12.76%|$74.76B|
|**Royal Gold**|RGLD|48.05%|0.76%|\+12.31%|$21.10B|
|**Mastercard**|MA|46.34%|0.61%|\+2.00%|$504.75B|
|**Futu Holdings**|FUTU|46.20%|2.39% irregular|−37.74%|$15.58B|

It is not Memory vs GPU. MU is a good choice, but so is NVDA, and so is TSM, if you believe in AI. SNDK can be a good trade, but more speculative.

Awesome point buddy. Even though TSM is the most weighted part of the IEMG or AVEM, its valuation is reasonable. I am more worried about the exposure to Korean companies like sk hyinx and Samsung electronics

Omg I was just doing my screening hehe would love to share!
Sectors to the upside: crypto ($BLOK), cyber security ($CIBR) and semis ($SOXX) in the order of strength
Sectors I'm looking for turnaround: Space ($NASA) and Photonics ($FOTO)
Then I'm just looking at the top names from these sectors, but still tryna buy at 21d EMA or 50d SMA support.
As for the stocks:
Semis: SMTC, UMC, AMD the strongest but overextended. MU, MRVL, AEHR, TSM are more actionable but not the direct leaders yet.
Blockchain: PURE, MSTR, HOOD are the strongest but again overextended. Honestly here I would just trade the leaders when they pull back to 21d EMA.
Cyber security: OKTA, CRWD, FTNT, NET are prolly the leaders. I would trade them if they fall down to 21d or other stocks like ANET
other notable mentions I'm tracking: MSFT, MAGS/FNGS (this I think is gonna be a leader! I already have position on this), DRAM

VT or VTI/VXUS split. If you want to be riskier watch the leaders of those funds and do a tilt towards those tickers (NDVA, TSM, AAPL)

SMH is more top-heavy than SOXX. By allowing its winning positions to run larger before rebalancing, it has consistently outperformed SOXX over the past five years.
SOXX has outperformed SMH this year, because all the smaller companies have made more gains than the large ones (NVDA,TSM, AVGO).
I think over long term SMH will continue to outperform SOXX.

|Company|Ticker|TTM net margin|Dividend yield|2026 YTD|Market cap|
|:-|:-|:-|:-|:-|:-|
|**NVIDIA**|NVDA|63.66%|0.47%|\+11.71%|$5.14T|
|**CME Group**|CME|63.12%|1.89% regular|\+4.00%|$99.79B|
|**Texas Pacific Land**|TPL|60.32%|0.65%|\+22.59%|$25.85B|
|**Visa**|V|50.35%|0.71%|\+8.31%|$710.91B|
|**Taiwan Semiconductor Manufacturing**|TSM|49.92%|≈1.1%|\+30.79%|$1.94T|
|**VeriSign**|VRSN|49.77%|1.09%|\+24.14%|$27.19B|
|**Brookfield Asset Management**|BAM|48.89%|4.38%|−12.76%|$74.76B|
|**Royal Gold**|RGLD|48.05%|0.76%|\+12.31%|$21.10B|
|**Mastercard**|MA|46.34%|0.61%|\+2.00%|$504.75B|
|**Futu Holdings**|FUTU|46.20%|2.39% irregular|−37.74%|$15.58B|

It is not Memory vs GPU. MU is a good choice, but so is NVDA, and so is TSM, if you believe in AI. SNDK can be a good trade, but more speculative.

These companies are trading at pretty reasonable valuations, a lot of them like TSM and the memory stocks are actually quite cheap relative to their growth. It's only a bubble if you think AI adoption slows down and the models stop getting better. I mean that's absolutely a possibility, but I don't see that as a foregone conclusion at all.

I mean order flow is low key a fortune cookie sometimes. Gave me that shrek on TSM at close yesterday.