$Taiwan Semiconductor Manufacturing(TSM)$ That recent performance is incredibly strong. The company just reported record quarterly revenue, driven by AI chip demand. The recent drop isn't because the business suddenly got worse. The entire semiconductor sector sold off. Memory companies like SK Hynix, Micron, AMD, and others also fell as investors considered concerns about AI spending, geopolitics, and took profits after a huge run. TSMC is my favorite in the space. It's the world's leading advanced chip manufacturer and benefits from nearly every major AI company, including NVIDIA, Apple, AMD, and Broadcom. I'm adding to my position here.
$Roundhill Memory ETF(DRAM)$ It's had a phenomenal year, though ups and downs are part of the game. We're at a key range now, and fundamentally, there's no sign the industry is slowing. Memory chip demand keeps rising, and AI is still a major driver. The leading companies in the space are unchanged. From where I stand, it looks solid in the 50s. Sometimes you have to step back and look at the bigger picture.
$Roundhill Memory ETF(DRAM)$ The market seems to be a ball of anxiety right now. In times like these, experienced investors often just wait for their original thesis to play out. A typical peak in the memory sector might be when supply finally catches up and prices begin to fall. However, the opposite seems to be happening at the moment. ASML reports earnings on Wednesday.