TSMC’s stronger outlook reinforces that AI demand remains healthy. Higher capex may pressure short-term sentiment, but investing to expand capacity could create greater long-term value for industry leaders.

Longbridge - Captain's Watch
Captain's Watch

☕️ [Task Coins Giveaway] Daily Market Talk — TSMC Beats, But Chips Bleed

TSMC crushed its quarter and raised its outlook, yet the whole chip complex got dumped anyway, because it also jacked up how much it plans to spend. Memory took the worst of it (SK Hynix -13%, SanDisk...

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