predator007
07-19

$Taiwan Semiconductor Manufacturing(TSM)$ The sharp decline reflects a confluence of a sudden and expected rotation into small caps and resurgent geopolitical concerns.

The shares haven't declined enough to present a real buying opportunity, but this is certainly not the time to sell.

Just ignore the market for a couple of weeks. Remember, there is really no competition in sight for 2nm chips, so the pricing power of TSM will be profound. [Lovely][Lovely][Lovely]

What's Your Buy-in Price For TSM After Earnings?
TSMC's earnings beat lofty analysts’ estimates on growing AI investments around the world. TSMC rose 4.17% in overnight trading but then lost as the semiconductor sector was hit. ------------- Can TSMC save the semi sector? What is your target price?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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