$Taiwan Semiconductor Manufacturing(TSM)$ My best move, and one I plan to take, is to load up after the midterm results are announced. TSMC is sitting around $80 off its yearly high and it is the ultimate provider of chips. Without TSMC the whole AI trade stops. Samsung is the only competitor. There should be a massive premium. With 10 fabs being built or coming online, this should trade back up to $480 in the next 3 months. SpaceX also said they need 200,000 wafers a month to build out their AI trade. NVDA announced 70% growth and there are over 500 data centers being built right now. Other than a large market correction, I don't see a better setup. I am out until the elections are over, and if there is a sweep, markets could sell off. Then is the time, friends. I also believe the forward PE is closer to 16-17. The data centers that are committed just won't stop. So I think there are 9 months of big profits before reassessment.
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