Core Insights - The article provides a contrasting view of the analyst's portfolio, highlighting a diverse range of stocks that the analyst is interested in [1]. Group 1 - The analyst expresses a beneficial long position in shares of NVDA and AVGO, indicating confidence in these stocks [2]. - The article emphasizes that the analysis is for informational purposes and encourages investors to conduct their own research before making investment decisions [3]. - It is noted that past performance does not guarantee future results, and no specific investment recommendations are provided [4].

Group 1 - The Taiwan Semiconductor Manufacturing Company (TSM) is experiencing strong secular tailwinds that support a robust growth outlook [1] - The future competitive landscape may challenge Nvidia's GPU leadership, but TSM's growth trajectory remains positive regardless [1]

Group 1 - The Taiwan Semiconductor Manufacturing Company (TSM) is experiencing strong secular tailwinds that support a robust growth outlook [1] - There is uncertainty regarding whether Nvidia's GPU leadership will be challenged in the coming years due to competition and market dynamics [1]

Core Insights - Taiwan Semiconductor Manufacturing Company (TSMC) is poised to benefit significantly from increased spending in artificial intelligence (AI) across various sectors [1][6] - Analysts project a one-year price target of $342 for TSMC, indicating a potential upside of approximately 20% from current levels, which would outperform the long-term market average [2][14] - TSMC is a critical player in the AI ecosystem, providing essential semiconductor chips necessary for advanced computing units [5][11] Company Performance - TSMC's revenue grew by 41% in U.S. dollars during Q3, reflecting strong demand for AI computing units [10] - The company is entering production with its new 2-nanometer chip node, which offers significant energy efficiency benefits over previous 3-nanometer chips, consuming 25% to 30% less power [9][8] - TSMC's stock is trading at 28 times forward earnings, which is lower compared to peers like AMD and Nvidia, making it a more attractive investment option in the AI sector [14] Market Outlook - The AI hyperscalers are expected to increase capital expenditures significantly, with projections indicating record-breaking spending in 2026 [6][11] - Nvidia anticipates global data center capital expenditures to reach $3 trillion to $4 trillion by 2030, while AMD expects a 60% compound annual growth rate for its data center division through the same period [11] - TSMC is well-positioned to supply the necessary chips to support this anticipated growth in the AI market [11][14]

Core Insights - The global data center market is projected to reach approximately $652.01 billion by 2030, with a compound annual growth rate (CAGR) of 11.2% from 2025 to 2030 [1] Group 1: Market Growth - The data center market is experiencing significant growth, indicating strong demand for technology and infrastructure [1] Group 2: Company Positioning - Taiwan Semiconductor Manufacturing Company Limited (TSM) is strategically positioning itself to capitalize on the growth opportunities within the data center market [1]

Without TSMC, the entire tech ecosystem would noticeably suffer.Semiconductors (chips) are the unsung heroes of the tech world, powering everything from smartphones to computers to TVs to car infotainment systems, and much more. Most of the time, these semiconductors are smaller than a grain of rice, yet they are to many electronics what a brain is to the human body.When it comes to bringing chips to life, no company does it better than Taiwan Semiconductor Manufacturing (TSM +0.51%) (also known as TSMC). T ...

My last article on Taiwan Semiconductor Manufacturing Company Limited ( TSM ) was right after DeepSeek day. My perception was that the selloff was just creating a buying opportunity. Since then, the stock has reached new heights and has risen more than 40%. InEquity Research Analyst with a broad career in the financial market, covered both Brazilian and global stocks. As a value investor, my analysis is primarily fundamental, focusing on identifying undervalued stocks with growth potential. Feel free to rea ...

My last article on Taiwan Semiconductor Manufacturing Company Limited ( TSM ) was right after DeepSeek day. My perception was that the selloff was just creating a buying opportunity. Since then, the stock has reached new heights and has risen more than 40%. InEquity Research Analyst with a broad career in the financial market, covered both Brazilian and global stocks. As a value investor, my analysis is primarily fundamental, focusing on identifying undervalued stocks with growth potential. Feel free to rea ...

Group 1 - The market continues to underestimate Taiwan Semiconductor Manufacturing Company Limited (TSM), which has been undervalued for years due to a lack of recognition of its uniqueness [1] - TSM is identified as a company with exceptional caliber, capable of reinvesting capital for impressive returns, with a long-term capability of capital compounding [1] - The ideal scenario for TSM is to demonstrate a high enough compound annual growth rate to potentially deliver tenfold returns or greater [1] Group 2 - The investment strategy focuses on maintaining a long-term perspective, which is believed to generate higher returns compared to the market index [1] - A conservative investment strategy is primarily adopted, with occasional pursuits of opportunities that have a favorable risk-reward ratio [1] - Careful consideration is given to ventures with substantial upside potential and limited downside, ensuring overall portfolio stability [1]

The market continues to underestimate Taiwan Semiconductor Manufacturing Company Limited ( TSM ). The company has been undervalued for years because the market does not recognize its uniqueness. No other company can deliver theMy primary area of concentration will be on identifying companies of exceptional caliber, with a proven ability to reinvest capital for impressive returns. The ideal scenario is for these companies to demonstrate a long-term capability of capital compounding, with a high enough compou ...