Key insights
- The author discusses TSMC's recent earnings, potential risks including geopolitical tensions with China and increased competition from Intel, and questions whether the stock's sell-off presents a long-term buying opportunity. The author's concerns about increased spending and potential competition create a slightly bearish outlook.
Earnings were fantastic. Stock sold off a bit, maybe just a cool off period or because they mentioned they’d increase spending. Obvious risks are china taking over but I believe china would sort of protect tsm if they did that so it wouldn’t kill the company. Another risk could be intel trying to compete with them and succeeding. I bought 1 share as part of a larger portfolio. If literally no one wanted this stock and it sold off, do you think this is a good buy here for the long term? What do you see as risks that will kill this off? I have a hard time knowing if it’s cyclical or if this is a permanent shift.