Jim Cramer Breaks Down the Massive Increase in Capital Expenditures from Taiwan Semi

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the stocks Jim Cramer talked about, along with the memory shortage. Cramer explained how the company’s earnings and management commentary were “great news” for the semiconductor capital equipment makers. He said: I think this industry has a lot more going for it. Two weeks ago, Taiwan Semi, the world’s largest semiconductor manufacturer, reported a total blowout quarter. More important, management said that the demand’s on fire. They ...