Taiwan Semiconductor Manufacturing Company Limited (TSM): A Bull Case Theory

We came across a bullish thesis on Taiwan Semiconductor Manufacturing Company Limited (TSM) on Long-Term Pick’s Substack by Dan. In this article, we will summarize the bulls’ thesis on TSM. Taiwan Semiconductor Manufacturing Company Limited (TSM)'s share was trading at $201.45 as of Jan 14^th. TSM’s trailing and forward P/E were 32.90 and 22.73 respectively according to Yahoo Finance.

[caption id="attachment_1205813" align="aligncenter" width="768"] A high-tech production line of robotic arms assembling a semiconductor chip.[/caption]

Taiwan Semiconductor Manufacturing Company...