$Taiwan Semiconductor Manufacturing(TSM)$Just started a position in TSM at $156.50. Only half a position at this point but willing to double up if the stock drops another 10%. Semiconductors are undeniably the most important sector of the economy for the next few years. I have no idea who the winners will be. Right now the market believes it’s Nvidia, but AMD and Broadcom were behind but are quickly catching up. Amazon, Google and Apple are all designing their own custom chips. Regardless of who wins EVERYONE is going to get their chips manufactured by TSM. It trades at a 19x FPE and the company is growing earnings at 40% YoY and sales at 25% YoY.
$Taiwan Semiconductor Manufacturing(TSM)$So much BS out there about TSM. Flak. Target. Enough said. China risk is overblown. Bogus legal issues. It never ends. We're talking about companies reporting great earnings and getting slaughtered for weeks. If AI was a 'bubble' why are there such impressive financials to accompany the 'hype'. There is a club and they don't want retail in it.
$NIO Inc.(NIO)$NIO has already kickstarted the 2nd shift operation of Onvo L60 production preparation to begin producing near the end of this month or early next month. It will also compete the 3rd factory by next year in anticipation of growth of sales. This indicates that the pre-order volume is certainly high enough to expand the capacity.
$NIO Inc.(NIO)$After Nio unveiled its Onvo L60 model in May, production vehicles rolled onto the assembly floor at a company plant earlier this month, and deliveries will begin shortly. It's a big step for Nio, which hopes the L60 will attack Tesla's Model Y market share in China. The latter starts at around $34,000, while Nio's L60 will check in about $4,000 cheaper in China. It's also possible that with battery leasing, as Nio does with its other models, the L60 could be even more affordable.
$GameStop(GME)$ A company is only as strong as its finance and accounting team, history has shown us that even the biggest corporations, like Enron and Lehman Brothers, have collapsed due to poor financial management. In contrast, GameStop’s financial team is exceptional, with a firm grip on the company’s financial health. This is why GameStop continues to thrive, while others like Game Mania in Belgium falter, not due to a lack of interest in gaming, but because of poor financial oversight. GameStop’s financial leadership knows exactly what they’re doing, ensuring the company's long-term success.
$Taiwan Semiconductor Manufacturing(TSM)$TSMC has 2 fabs in the PRC already. Plenty of Taiwanese engineers in Shenzhen as well. Approximately 100,000 or more.The issue is SMIC and other domestic competitions are taking away TSMC low end business of legacy chips. Which reduces their R&D budget.Also PRC is actively derisking their chip industry to be US independent. So less orders for TSMC since the PRC is the biggest market for chips.Not to mention delays in the US TSMC chip fab construction.
$Micron Technology(MU)$ Playing the longer memory cycle interval. Really hard to believe in this longer than normal cycle, we've already topped. But if we have, no problem holding it long to sell in the next cycle. GLTA, longs shorts and day traders.ref. MU stock price since the beginning of time.
$Micron Technology(MU)$ Logically, MU.. far more fair valuation for a value investor.. Price / Book is around 2.4 vs 50 for NVDA Forward PE around 11 vs 42 for NVDA... however, NVDA is the flavor of the month and there's no requirement for the stock market to be logical. NVDA is also profitable now whereas MU isn't so a play on MU is a play on the turnaround and the lofty predictions of analysts. I still take MU when we're reporting $3/share earnings per quarter towards the end of 2025 it should move towards the $300 - $400 range.
$GameStop(GME)$ market makers predictably left a small gap from the spring trying to make you concerned about the rally imo. I think with the buy side imbalance and everything something really special is about to happen. Good luck to us all and god bless.
$Marathon Digital Holdings Inc(MARA)$ The miners are a difficult read.The price action has been positive for a few companies more so than then the top public BTC hodler. This hasn't always been the case. Some recent articles about AI companies perhaps being interested in acquiring miners have surfaced. Is this the start of a trend reversal for some miners? Of course, BTC hit $61.1k and now pulling back somewhat which is affecting MARA. It's anyone's guess where this ends for the day.