To The Moon

$Taiwan Semiconductor Manufacturing(TSM)$ I added to my position, bringing it to 100 shares. The world's largest semiconductor foundry is implementing price increases, which seems to be driven by limited supply and higher demand.

$Taiwan Semiconductor Manufacturing(TSM)$  TSMC is the backbone of the AI chip race. Companies like Nvidia and Apple design the chips, but TSMC is the one actually manufacturing many of the world's most advanced semiconductors. Key points: - They are the leading producer of advanced AI chips. - Building new fabs requires billions of dollars. - Their years of engineering expertise create a massive barrier to entry for competitors. - They're expanding capacity both in Taiwan and overseas. The bull thesis seems straightforward: AI demand keeps growing, and TSMC remains the essential supplier, no matter which chip designer ends up on top. The biggest risk isn't really execution; it's geopolitics. From where I stand,

$IBM(IBM)$ $Taiwan Semiconductor Manufacturing(TSM)$ Rapidus is aiming to set up its 2nm foundry process at a cost that matches or undercuts TSMC's pricing. Their development of the 2nm node comes from a strategic joint partnership with IBM, which is also supplying the packaging technology for high-performance semiconductors. IBM is considered a global leader in both 2nm and sub-1nm technologies.

Regarding the upcoming IPO, it's interesting to note that SK Hynix has the ability to decide whether its ADRs trading on Nasdaq need to be fungible with its shares on the Korean market. This fungibility means the US ADRs could be exchanged for the underlying Korean shares at a set ratio. Typically, companies choose to restrict this interchange, which allows the US-listed shares to trade at a premium. Bernstein estimates that $SK hynix(SKHY)$  could command a premium of as much as 20% over the Korean stock price. $Taiwan Semiconductor Manufacturing(TSM)$  employs a similar structure, and its US premium has often been above 10%.

$Taiwan Semiconductor Manufacturing(TSM)$  With all the focus on AI, I'm feeling more confident about the long-term growth for TSM and NVDA. It seems to me that every AI business relies on them; without TSM and NVIDIA, a lot of this just wouldn't be possible. NVIDIA's GPUs are also way more efficient to work with than other options, like Google's TPU or ASIC chips, especially for smaller companies. And of course, all those chips are made by TSMC. I understand the price can drop along the way, but I think it will eventually go up. It's a matter of patience. After seeing the news about NVIDIA starting a profit-sharing business with cloud companies, I'm considering adding more NVDA shares around $180 and building a

I find the semiconductor sector quite exciting. If I were to highlight five names in the industry, they would be: $Taiwan Semiconductor Manufacturing(TSM)$  The best large-scale semiconductor manufacturing backbone. It offers pure-play exposure to global chip demand and foundry leadership. $ASML Holding NV(ASML)$  Valuation requires caution, but its position is structurally irreplaceable. Its extreme strategic positioning in EUV lithography makes it a true bottleneck in the entire semiconductor value chain. Advantest Corporation A key leader in semiconductor test equipment, playing a critical role in validation and quality control across the chip supply chain. I like its deeper position in the va

TSMC is ramping up its 3nm and 2nm production, along with CoWoS capacity, through 2027, with increased capital expenditure to support the AI infrastructure buildout. The company now guides for N3 capacity to reach 200k wpm by the end of 2027, up from the previous 190k target. N2 is heading to 140k wpm, with a strong output expected in its first year. The AI supply chain still appears tight.$Taiwan Semiconductor Manufacturing(TSM)$ 

$Micron Technology(MU)$ $NVIDIA(NVDA)$ $Taiwan Semiconductor Manufacturing(TSM)$ Semi stocks are down recently, apparently because Michael Burry took a sizable short position on the SOXX. However, he's been wrong on several calls in the past. A quick search shows, for example, in 2019 he warned index funds were the "next subprime," comparing them to the CDOs behind the 2008 crash. Index funds went on to deliver strong long-term returns instead, and that call hasn't aged well. He's also flagged "imminent" crashes at various points like 2015, 2017, and 2019, which didn't play out as predicted in the near term. He's even acknowledged on his own platform

$Micron Technology(MU)$ If you're looking to catch the next wave, here are some names to consider. Micron can't produce its advanced memory chips entirely on its own. There are companies further down the supply chain that tend to move when memory demand picks up. $Taiwan Semiconductor Manufacturing(TSM)$  makes the foundational layer for the chip stacks. $Amkor Technology(AMKR)$  and $ASE Technology(ASX)$  handle the advanced packaging that turns raw stacks into finished parts. Adeia $Adeia(ADEA)$  licenses the bonding technology that allows stacks to get ta

$Taiwan Semiconductor Manufacturing(TSM)$  Maybe the portfolio rebalancing selling pressure will ease soon. TSMC is more critical than all the HBM producers; without its chips, HBMs are junk.