TSMC Q3 Earnings: Still The Best AI Play At A Reasonable Price

Group 1 - Taiwan Semiconductor Manufacturing Company Limited (TSMC) stock has increased approximately 32% to around $302 per ADR since July, outperforming the S&P 500, which rose about 7% [1] - The market is perceived to be underestimating TSMC's potential, indicating a positive outlook for the company [1] Group 2 - The analyst emphasizes a focus on investing in companies within oligopolistic sectors that have high barriers to entry, suggesting a strategic approach to investment in the semiconductor industry [1] - The investment philosophy prioritizes growth at a reasonable price, with a mid- to long-term investment horizon, which aligns with the characteristics of the semiconductor sector [1]