TSMC (Remastered)

Bullish:

• $TSM - TSMC is viewed as having an unparalleled competitive advantage in the semiconductor industry, with a dominant market position and technological leadership that even major competitors like Samsung struggle to match.

  • “TSMC has cornered the market. Even Samsung is not gonna be able to keep up with this.”

    David·1:42:24

  • “I don't know that there is a stronger moat that any company has in the entire world than TSMC.”

    David·1:19:52

  • “I will definitely say it's the most successful b to b hardware company ever.”

    Ben·1:22:45
• $ASML - ASML is seen as a critical player in the semiconductor industry due to its unique technological capabilities and monopoly-like position in advanced chip manufacturing equipment.

  • “ASML actually need to invent a new type of mirror to do this. And they also needed a contract with a German company to make this special type of laser, which is the only known company in the world capable of making it.”

    Ben·1:27:55

  • “ASML is actually larger than Intel by market cap now.”

    David·1:09:29
• $NVDA - NVIDIA is viewed positively for its strong market position and technological advantages in cloud computing and AI-focused chip design.

  • “NVIDIA's 2 x Intel's market cap, something like that. Yeah. Pure cloud. The notion of chips that are really good at parallelized processing, which is GPUs, and matrix multiplication effectively, vector math, versus the CPU”

    Ben·1:36:33
• $SEMI - Semiconductors are viewed as increasingly crucial to the global economy, comparable to the importance of oil.

  • “Semiconductors are the new oil, David.”

    David·1:23:05

Bearish:

• $INTC - Intel is seen as falling behind in the semiconductor industry, struggling to keep up with leading-edge chip manufacturing processes and having made significant strategic errors.

  • “Intel has been trying to get there, but they haven't been able to. They've fallen behind.”

    David·1:20:02

  • “Biggest strategic error of all time.”

    David·1:07:36
• $GFS - GlobalFoundries is viewed as underperforming compared to industry leader TSMC, despite some improvements.

  • “It's going better probably than if they had not done that, but they're not a winner here. Like, TSMC is the winner.”

    David·1:11:59