TSMC is really undervalued at current price. The high-end chips made by TSMC are perpetually in demand! No worries about glut - it only apply to those making low-end chips.
TSMC stock surged more than 2% in premarket trading<blockquote>台积电股价盘前交易飙升逾2%</blockquote>
TSMC technology is 3 years ahead of Intel - producing 3nm while Intel still in 7nm. It is all about how advance your chips are compared to your competitors.
TSMC shares slide, as Taiwan plays down Intel's $20 billion expansion challenge<blockquote>台积电股价下跌,台湾淡化英特尔200亿美元的扩张挑战</blockquote>
Worldwide chip shortage expected to last into next year, and that’s good news for semiconductor stocks<blockquote>全球芯片短缺预计将持续到明年,这对半导体股来说是个好消息</blockquote>