Taiwan Semiconductor MFG. (TSM)

Great company and good management. Lots of political noise in the sector. If you view the sector as having political risk, go and buy Samsung -- effectively the same risk, but there will be a pop on tensions with TSM. High capex has been pulled back, which tells us that the cycle will be longer and deeper. Put on your watchlist, but wait.

Very decent runway to price target of $107.40. Between 50-55% market share. Tradeable. Pick it up with a $70-something handle, sell when it gets above $110. But keep a core position, as it's going to be around for a long time.

Wait before you buy again. Buy if this falls another 10%. Likes TSM very much.

Fundamentally, company and business rank 10/10 for a long-term hold. 60% market share. Reputable. Semis have room to run. Starting an upward trend. Not a bad place to start picking it up, especially with a September pullback.

He's trimmed his position recently. They're running at full steam, because they service other companies like Nvidia and AMD, because they are the biggest foundry. They face a challenge supplying all those chips for AI. Buy at $93 now or $88, even the low-$80s.

Excellent company with strong product.
60% market share of semi-conductor business.
Best technology within sector.
Expecting further share growth.
Good long-term hold with A.I. tailwinds. 
Does not think geopolitical tensions with China will affect business. 

TSM makes the chips, whereas NVDA designs them. Semiconductors have become very political between China and the US.

TSM is going to have large capex over the next little while, as they build new plants. A great business over the last several years. Issues are more political. Incredibly well run. Largest foundry in the world.

NVDA has been in the sweet spot of semis. Has done very well, especially AI products. In high demand, leading edge. Earnings come out soon. Run up a lot. Wait for a pullback.

A better way to play the EV trade than traditional car companies. Better business economics, benefits from the same trend, better free cashflow, total return will be significantly higher.

A very good semis company that operates in a democracy that we need to we need to defend. Has pulled back lately to attractive levels.

Are political risks with China, so he avoids it. Warren Buffett was briefly in this name.

Best of breed and leading-edge tech. Popular opinion believes that cutting-edge technology will move to the US, but that won't happen.If you can get around the politics, this will do well. But the semis sector is overbought.

Like sit a lot, but prefers other American companies because they have more intellectual firepower.

Good company. Main risk is geopolitical with escalating tensions between China-Taiwan. Building facilities in the US helps mitigate this risk. Best foundry in the world. Absent something crazy happening, you can hold for a long time.

It is dominant in the sector, will continue to grow, and is not expensive at 14X earnings. There is however a geo-political risk so investors should look elsewhere.

Reasonable valuation, better diversified than NVDA. 4% FCF yield, trading at 17x earnings.