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

We came across a bullish thesis on Taiwan Semiconductor Manufacturing Company Limited (TSM) on Substack by Long-Term Pick. In this article, we will summarize the bulls’ thesis on TSM. Taiwan Semiconductor Manufacturing Company Limited (TSM)'s share was trading at $207.95 as of Feb 10^th. TSM’s trailing and forward P/E were 30.21 and 23.53 respectively according to Yahoo Finance.

[caption id="attachment_1208077" align="aligncenter" width="768"] A worker operating a robotic arm in a semiconductor manufacturing facility.[/caption]

TSMC’s latest earnings report reinforced its...