keegs
2022-10-17
[Cool]//@koolgal:

In the current volatile market, TSMC's share price has been on a downward trajectory in the past year.  Its current share price of 63.92 almost reaches its 52 week low of 62.32.

While I am bearish on TSMC in the short term, I am bullish in the long term as its growth story is not over by a long shot.  With the advent of 5G, Internet of Things, EVs, TSM will continue to grow exponentially in the  future.

At 50% discount from its peak, TSMC presents a very attractive buying opportunity.

Thanks @MaverickTiger for your excellent insight on the effects of TSMC's 3Q Earnings and the semiconductor industry as a whole. 

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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