Recently noticed that TSM has been downtrodden, however it still seems undervalued to me at a glance sitting at a P/E of 15. IIRC TSM is building a facility in USA and its not been going too smooth. Its been delayed, and the TSM executives aren't too happy with "American work culture" compared to the taiwanese one. Basically they are saying Americans are lazy compared to Taiwanese so they are trying to get more Taiwanese people to be approved for US visa by asking Biden so they can replace the American workers that are building the plant which the unions have been really pissed about. I think they are also trying to get Taiwanese engineers in the plant after its built instead of American ones as well because of the same reasons. I remember reading one of the key persons in TSM saying something like the production in the US plant wont be as big as the one in Taiwan because of the work culture. Also there is a competitor, Intel is trying to replace TSM but we'll see how that goes.
What other issues are pushing this stock down? $Taiwan Semiconductor Manufacturing(TSM)$
Taiwan"s Semiconductor Manufacturers Continue Production As Supply Chain Problems Persist
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