$Taiwan Semiconductor Manufacturing(TSM)$ 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.
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