What you should know before investing in TSMC
TSMC is the backbone of almost every chip company in the USA, if not all. It is severly undervalued because of the geopolitical risk of China invading Taiwan. What you shouldn't worry about is them invading Taiwan but what our government speaks out about to Taiwan. Just by the Chinese President Pooh Bear's word of mouth about Taiwan's reunification with China would tumble Taiwanese stocks. The plan here is to buy calls all the way up until Election (Unforseen non-priced in election that kind of decided Taiwan's fate)
Why buy calls on TSMC?
As all of you know TSMC makes chips and their year over year revenue has exponentially increased, and they release earnings next month, April 19 and wouldn't need to make alot more to beat expectations based on their monthly revenue they post.
link- https://investor.tsmc.com/english/monthly-revenue/2024
Bullish signs for next week- Talks of 5 Billion contract in Arizona, Investors will be buying back Monday's market since everyone sold this Friday, Monthly Revenue should boost the stock although it already did but the Friday sell-off came through.
Potential Bearish signs for next week- CPI inflation report Tuesday 3/12/24
Positions: Dumped my entire Brokerage portfolio into TSMC calls hoping I'll catch enough gains to fund my college
TLDR: TSMC is very cool and I have auTSM and I'll never sell!!!!
