Taiwan Semiconductor Manufacturing (NYSE: TSM) has been making huge investments to diversify its production base away from its home island of Taiwan. During its Q2 announcements, Taiwan declared it would invest another $100 billion in its Arizona production facilities, bringing its total to $265 billion. That's a huge move by TSMC, and I think it solidifies the stock as a buy.
If you've got $1,000 sitting around, I can think of few better stocks to pick right now than Taiwan Semiconductor.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
One of the biggest fears investors have historically had with Taiwan Semiconductor is its location just off mainland China. The relationship between Taiwan and China is complex, and rumors of military activity have swirled for decades. Any military action would sink TSMC's stock, as production would be disrupted.
However, that military action also may plunge the world into a war, which would wreck all forms of investing (outside of defense and staples stocks). But with TSMC moving more and more production to the U.S., the risk of a single point of failure is decreasing. Obviously, TSMC's stock would likely plummet, but the business wouldn't be as disrupted as it once was.
#Stock #military
If you've got $1,000 sitting around, I can think of few better stocks to pick right now than Taiwan Semiconductor.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
One of the biggest fears investors have historically had with Taiwan Semiconductor is its location just off mainland China. The relationship between Taiwan and China is complex, and rumors of military activity have swirled for decades. Any military action would sink TSMC's stock, as production would be disrupted.
However, that military action also may plunge the world into a war, which would wreck all forms of investing (outside of defense and staples stocks). But with TSMC moving more and more production to the U.S., the risk of a single point of failure is decreasing. Obviously, TSMC's stock would likely plummet, but the business wouldn't be as disrupted as it once was.
#Stock #military
3 months ago
