Out Fox The $treet

  TSMC has traded weak over the last several months on news that Warren Buffett unloaded shares after making an initial investment last year. The chip manufacturing giant is set to ride the AI chip boom, with the TAM set to surge in the years ahead. The stock remains incredibly cheap at 13.5x forward EPS targets, a 50% discount to Apple with similar geopolitical risks from China. In no huge surprise, Warren Buffett and  Berkshire Hathaway  ( BRK.A ,  BRK.B ) sold out of a remaining small position in  Taiwan Semiconductor Manufacturing Company   Limited  ( NYSE: TSM ). Buffett had second thoughts on investing in  a company with a homeland targeted by the Chinese Communist Party, but most technology companies face similar risks. My  investment thesis  remains ultra-bullish on the chip manufacturing stock, as the investment firm selling out has pressured the shares. Read the full article on Seeking Alpha.  Disclosure: No position ment...

  AMD continues to face a PC chip inventory correction that could impact Q1 results on May 2 and lower Q2 guidance. Investors got good news from TSMC forecasting a bottom in the inventory correction. The stock is cheap based on a quick ramp to a $5 to $6 EPS based on server demand and future AI chips. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   As  Advanced Micro Devices  ( NASDAQ: AMD ) heads towards reporting Q1'23 results on May 2, shareholders already got some positive indications from  Taiwan Semiconductor Manufacturing Company   Limited  ( TSM ). The chip manufacturer for leading advanced fabless  chip companies like AMD sees the prolonged chip inventory issue ending this quarter. My  investment thesis  is ultra Bullish on the stock expecting another $100 rally once the current chip inventory issue passes. Read the full article on Seeking Alpha....

  TSMC dipped on news Berkshire Hathaway dumped shares of the chip company. The investment firm run by Warren Buffett has a recent history of selling at the lows prior to large rallies. The stock is a buy based on a cheap valuation at 12x '24 EPS targets, especially after the Buffett-induced dip. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   In a strange move,  Berkshire Hathaway  ( BRK.A ,  BRK.B )  slashed shares  of  Taiwan Semiconductor Manufacturing Company  ( NYSE: TSM ) months after initiating a new position. The massive insurance and investment firm ran by Warren Buffett  has made several odd sells in the last few years by unloading stocks closer to the lows. My investment thesis is Bullish on the advanced chip manufacturing company trading at a cheap valuation due to irrational fears. Read the full article on Seeking Alpha.  Disclosure: No pos...