Quick Read – TSMC shares surged 90% in a year yet still trade at 28x forward earnings, keeping it among the most compelling values in AI chip investing. – TSMC is ramping silicon photonics to mass production, positioning itself as the critical foundry to resolve AI computing’s…
oming copper interconnect bottleneck. – Nvidia’s Spectrum-X Photonics and Quantum-X networking switches validate optical AI computing as the industry’s next leap, with TSMC as the essential production partner. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Taiwan Semiconductor Manufacturing didn’t make the cut. Grab the names FREE today
Shares of Taiwan Semiconductor (NYSE:TSM) look more fairly priced nowadays after climbing just north of 90% in a year. With earnings up ahead, we’ll get a glimpse into where AI demand stands. And with a pick-up in semi volatility in both directions, there’s no question that the results of Taiwan Semiconductor could have the potential to be a major needle-mover for all of tech.
With shares trading at 28.1 times forward price-to-earnings (P/E), the case for Taiwan Semiconductor being a value stock despite the recent melt-up in share price is as loud as ever. In my humble opinion, Taiwan Semiconductor remains one of the best opportunities within the space, especially given there’s no avoiding the firm if you need the very best AI chips produced on schedule. Even as Taiwan Semiconductor expands capacity, it feels like there will always be more business than the firm can handle.