moonbop
05-14

$Taiwan Semiconductor Manufacturing(TSM)$ Everyone is dependent on TSMC, even NVDA, Google, and MSFT who need their own chips made. I don't see a reason why TSM wouldn't make a new 52-week high soon, just like the other major tech stocks.

The one that needs to drop is TSLA, which TSMC has reportedly stopped making chips for, due to the CEO's stance. Tesla is now forced to build its own TeraFab to make chips, supposedly coming online in 2029. With TSMC refusing to extend the current contract, Tesla is at risk of running out of AI chips for their cars. Let's see if Elon can get TeraFab built before 2030.

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