The future of the new world economy
When you talk about technology and how it is going to drive the future with some even throwing around 'the next industrial revolution' in the mix, it is hard to ignore the impact technology will have in the future. Our current world is already so dependent on technology, hooked as a matter of fact. Just look around the daily commute. Everyone is utilising some form of technology and daily activities revolve around technology. Transport, housing, public spaces you name it.
And at the heart of it all are those small little things called semiconductors which are the heartbeat and brains of technology. Semiconductors have gone beyond the 'maybe we need it' category to the 'we must have it' category. Thats the only way technology can advance. I have talked about this topic way before the explosion of ChatGPT (kindly refer to my article several months back) where I was talking up semiconductor names like Nvidia and AMD. Nobody wanted them then when Nvidia was around 120 dollars when I wrote the article and I was sharing that it was a good time to layer in.
I believe the semiconductor names still have a bright future. However, they are way too expensive now and I believe better prices lay ahead. As such, I will not be collecting them at these prices. In fact, I have already closed out all the semiconductor names like Nvidia, AMD and TSMC which I hold. Until their prices are more reasonable, I rather stay safe.
Thanks for reading!
$Taiwan Semiconductor Manufacturing(TSM)$
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Thanks for sharing