$Taiwan Semiconductor Manufacturing(TSM)$ With stellar earnings from the Mag 7, I think the US market is heading to 450 to 460 this week. TSM is the big winner of the massive cap-ex spend. The Mag 7 will increase their spending by another 25% to 30% this year as the AI battle is just heating up.
$Advanced Micro Devices(AMD)$ Enjoy the ride. I think it won't go down until after earnings. It'll go up after earnings, and after a few days, the big players might sell to take profits. The good news is it should keep rising. Just my two cents.
$Taiwan Semiconductor Manufacturing(TSM)$ TSMC plans to open a chip packaging plant in Arizona by 2029, so they won't have to keep shipping AI chips back to Taiwan for advanced packaging. TSMC also showed smaller and faster chips without needing ASML's pricey new tool. TSMC debuted A13 technology at the 2026 North America Technology Symposium. One of the more reputable analysts from Barclay maintains an Overweight rating on TSMC and raised the price target to $470. TSMC is still trading at what feels like a Walmart special price of $382. Why would anyone be surprised to see it still discounted so much really beats me.
$Taiwan Semiconductor Manufacturing(TSM)$ Usually when it's down before the earnings report, it pops after. Just an observation, but it's not always the case. Fingers crossed for a nice pop.