TSM Taiwan Semiconductor
ChipsPosition Summary
Shares
22
Avg Price
$346.33
Cost Basis
$7,619
Conviction
9/10
Investment Thesis
Most irreplaceable company in semiconductors — 90%+ of advanced chips globally.
Key Arguments
Bull Case
Manufactures 90%+ of advanced chips. Irreplaceable.
Bear Case
Taiwan geopolitical risk. Single point of failure for global semis.
What Would Make Us Sell
China-Taiwan military escalation or loss of leading-edge node advantage.