Taiwan Semiconductor Manufacturing's $TSM+5.3%sales rose 45% in July, accelerating the pace of growth from the June quarter and boosting hopes for continued strong demand for artificial intelligence chips from companies such as Nvidia Corp.
Are you investing in $TSM+5.3% or are the risks associated with China the big bogeyman?
There are some risks, but I was thinking of putting it in the portfolio. What price would you buy in at?
This company is currently my largest position after ETFs bought (thanks to the China scare) at excellent prices and I've been buying more recently. I'm curious how long the risk of invasion will be mentioned as a risk for this company, ignoring the fact that almost all investments would take an incredible hit at that point and would mean a much bigger impact on the economy than during a pandemic. But because of that, it still sells for reasonable money.