TSMC may be a buy when to crashes and burns due to sanctions

[flyingkiwiguy]

It currently has a very large percentage of the high-end semiconductor chip design market with its EUV printing processes. It is also squarely in the crosshairs of an economic war between China and the USA:

TSMC cuts capex on tool delays, demand woes; cautious on outlook

Taiwanese chipmaker TSMC cut its annual investment budget by at least 10% for 2022 and struck a more cautious note than usual on upcoming demand, flagging challenges from rising inflationary costs and predicting a chip downturn next year.

www.reuters.com

 

[Reda]

I think china stocks look like under value . Like after 2008 . Look at alipapa hage best it labs but still under value.