[lvlrsSTI]

[lvlrsSTI]

Now dropped 6.7%

[Alice Alicia]

Why?
What happened?

[Manthink]

Why?
What happened?

Very obvious - TSMC management committed Harakiri when they are forced into a deal by US gov - Chips and Science Act.
What does that "Act' does to TMSC ?

1. Transfer its most advance chip-making technology to US
2. Build 3 giant water-demanding Fab plants in Arizona...which is one of US driest state.
3. It is forced not do business partners in Mainland China.
4. It is not protected by the provincial gov in Taiwan
5. It is forced to hire American workers - lacks required skills +  refuse to work 24/7 in an industry that requires 24/7 operation
6. It is forced to send over 500 of its best engineers and production team to US because of (5)

https://qz.com/tsmc-arizona-chops-plant-...1851176240

[Manthink]

...and the horror stories for TSMC continues in Q1 2024...

in Mar 2024, China gov implement ruling that all gov computers to REPLACE computers that has "Intel-inside" and AMD CPU with domestic chips  by 2027..that is less than 3 years away.  Intel and AMD are major customers of TSMC. I guess the market is very quick to price in these eventuality...





https://www.ft.com/content/7bf0f79b-dea7...78d5acd64a

[revealer]

...and the horror stories for TSMC continues in Q1 2024...

in Mar 2024, China gov implement ruling that all gov computers to REPLACE computers that has "Intel-inside" and AMD CPU with domestic chips  by 2027..that is less than 3 years away.  Intel and AMD are major customers of TSMC. I guess the market is very quick to price in these eventuality...

Yours old news. They resolved and scheduled ahead. They found the people they needed. Must always read and post the latest.

https://www.datacenterdynamics.com/en/ne...y%20talent.

[revealer]

What do u expect from a stock that has climbed 55% in a year?

[Manthink]

Yours old news.  They resolved and scheduled ahead.  They found the people  they needed. Must always read and post the latest.
https://www.datacenterdynamics.com/en/ne...y%20talent.

Errr....your 2 Apr story was taken from a Taiwanese news, which (wrongly) claimed TSMC Arizona 1st plant to "start production in 2024". when in fact on 18 Apr, TSMC corrected that report saying the 1st Fab plant only start production "2nd half 2025" as already confirmed in Jan.  Perhaps you should have fact check TW media before posting...

On 18 April, TSMC's update could mean the first factory will begin production of chips in 2025. In recent weeks, however, a report from the Chinese news outlet money.udn has fed speculation among some experts that production could begin by the end of 2024 — TSMC has stuck to the 2025 timeline in public comments.

https://www.businessinsider.com/tsmc-ari...den-2024-4

[Manthink]

What do u expect from a stock that has climbed 55% in a year?

Nothing wrong with seeing half-glass full  with expectation that business will continue to drive a coy stock price based on high expectation.
The problem with such expectation (which you refer over a year ago) is any business is exposed to policy and political risk.
TSMC is now a darling in the eyes of Biden and US Congress - Not because they love the Taiwanese pple, but rather they love how TW takes order from them like a poodle.

Arizona is a swing state - Biden will NOT allow his re-election chance later in the Nov to be sunk by TSMC struggle to get its operation started ASAP.
Sadly, at the end of the day, it is US politics, not Global market demand, that will eventually sink TSMC  in the cut-throat semi-conductor business...

Already, TSMC management warns semi-con from the Arizona plants will be more expensive than those made in Asia...
And traders and shareholders already can see TSMC will bleed in its US operation.

https://finance.yahoo.com/news/traders-b...12690.html

[WhatDoYouThink!]

Why be a poodle with no backbone? Sibeh xia sway

[SeewhatLook]

Like that china die liao.he shutting all the foreign investmemt
Dont think their property will recovered
Good luck to developer