$Taiwan Semiconductor Manufact

$Taiwan Semiconductor Manufacturing(TSM)$ It feels like a lot of people haven't really been through a proper market correction lately.

This is just how it goes with high-growth names. They run up faster than most, and they pull back just as quickly.

The latest noise is about China supposedly encroaching on ASML's territory, which could hit TSM and others in the space. It's the kind of story that shakes out the nervous crowd while the bigger players pick up shares at a discount.

A lot of people said they wanted these stocks on sale. Well, here it is. No one knows exactly where the absolute bottom sits, but a nearly 20% discount looks decent from where I stand.

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