TSMC US SDR 300to1

The local banks closed this week up and slightly stabilised after the mass selling last week. Can this momentum last towards earnings next month? Or will inflation and negative macro news cause their share prices to drop even further? Let's find out in the following 2 weeks.

TSMC predicts A14 to be a bigger node than N2. Every new node is now breaking records. TSMC's N2 node grew 3x q/q to $3B+ in 3Q26. The node also happens to be the first billion dollar opener for TSMC nodes when it hit $1B+ in 2Q26. That $1.0B was just 3% of wafer revenue vs 11% for N7 at its debut as TSMC's quarterly wafer base grew >4x during this time. Every generation now starts smaller in share and larger in dollars. N2's 14% jump over N3 is the biggest generational step in a decade.

Source: Sravan Kundojjala

I think inflation being sticky will allow more rate hikes in the future and may bring the market down more if the market has an additional rate hike compared to previously planned. DCA slowly and good luck.