Buy the rumor, sell the news. TSM was a great opportunity, is it still?

I don't know the answer, but it is an important warning to keep in mind when making decisions.

A resounding "no." The last time TSM was near fair value was mid-2020.

Why so? They have practically a monopoly as there is nobody that can actually compete, Samsung just isn't there, same for INTC's fabs, obviously.

In addition, more and more AI/ML accelerator startups show up with even more need for wafers and ASML has 2 year old orders on the backlog (half of their EUV's machines last year went just to TSMC).

We never know when intel or Samsung will catch up, or even get ahead. They have a monopoly today, but a little bit of luck on either part and that is gone...

It’s been going up since March. It was around 55 now at 136. Really nice returns.