AI Frenzy Continues 🤔

Recently, we hear from several news that TSMC is riding on the craze of AI, electric vehicles, etc., and is making every effort to expand. It announced that it will recruit about 1,700 people in Taiwan and nearly 8,000 people around the world. In particular, Thailand and India have the largest growth in talent demand.

TSMC

It is understood that TSMC has expansion plans in China, Thailand, Europe, and North America in the next few years. TSMC participated in a talent recruitment event held on the National Taiwan University campus, releasing about 1,700 job vacancies in Taiwan at once, and recruiting nearly 8,000 people around the world. The vacancy projects cover power electronic hardware, structural design and system cooling, software and firmware development, Engineers in the fields of intelligent manufacturing, robot system integration, AI applications, etc., as well as business development, information, procurement, etc.

Let's look at TSMC chart, simply bullish with all the EMA facing upwards and share price moves up in a way like a staircase. Extremely bullish formation with healthy pullback each time to the support level of EMa 25 and rebounds. I believe with the big market demand, $Taiwan Semiconductor Manufacturing(TSM)$  will continue to be very bullish.

TSM daily chart

TSMC's business spans many high-potential fields such as electric vehicles, energy, and AI. The demand for R&D talents is increasing year by year. TSMC's R&D personnel recruit talents based on their academic experience and actively recruit outstanding talents to join.

I believe the similar situation happens in the other big AI giants, so I share the similar bullish view too $Meta Platforms, Inc.(META)$  $Microsoft(MSFT)$  $Amazon.com(AMZN)$  $Alphabet(GOOG)$  

Are you bullish for these companies? What is your strategy? Chase high for higher price or short as you think the share price peaks already? 

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