TSMC's AI Bet Pays Off

Since the last TSMC (NYSE: TSM ) coverage , the stock has surged 30% (vs. S&P 500’s 9%), following the thesis that its CoWoS advanced packaging can pivot from a margin-dilutive CapEx burden to a high-margin AI growth lever. As Q1 FY 2025Hi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees from U ...