Why I am bearish to $TSM in the long run

Taiwan Semiconductor Manufacturing Company (TSM) is the world's largest contract chipmaker. The company provides manufacturing services to a wide range of customers, including Apple, Qualcomm, and Nvidia.

TSM has been a solid performer over the long term. The company's stock price has increased by more than 500% in the past five years.

However, I am inclined to have a negative view on TSM stock in the long run. Here are some of the reasons why:

* **The global semiconductor market is facing increasing competition.** TSM is not the only company that manufactures semiconductors. There are a number of other companies, such as Samsung and Intel, that are also competing for market share.

* **The cost of manufacturing semiconductors is rising.** The cost of raw materials, such as silicon, is rising. This is putting pressure on TSM's profit margins.

* **The demand for semiconductors is cyclical.** The demand for semiconductors tends to fluctuate with the global economy. If the global economy slows down, the demand for semiconductors could decline.

**Overall, I believe that TSM stock is a risky investment in the long run.** The company is facing increasing competition, the cost of manufacturing semiconductors is rising, and the demand for semiconductors is cyclical.

**Here are some of the factors that could affect TSM's stock price in the long term:**

* The growth of the global semiconductor market

* The increasing competition in the semiconductor industry

* The rising cost of manufacturing semiconductors

* The cyclical demand for semiconductors

**Investors who are considering buying TSM stock should carefully consider these risks before making a decision.**

In addition to the above, here are some other factors that could affect TSM's stock price in the long run:

* **The development of new semiconductor technologies.** If new semiconductor technologies are developed, TSM could lose market share to companies that are able to manufacture these new chips.

* **The political situation in Taiwan.** TSM is a Taiwanese company, and there is some risk of political instability in Taiwan. This could disrupt TSM's operations and hurt its stock price.

Overall, I believe that TSM stock is a risky investment in the long run. The company is facing a number of challenges, and there are a number of factors that could hurt its stock price. Investors who are considering buying TSM stock should carefully consider these risks before making a decision.