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

We came across a bullish thesis on Taiwan Semiconductor Manufacturing Company Limited on LongYield’s Substack. In this article, we will summarize the bulls’ thesis on TSM. Taiwan Semiconductor Manufacturing Company Limited's share was trading at $245.60 as of July 17^th. TSM’s trailing and forward P/E were 28.95 and 25.84 respectively according to Yahoo Finance.

[caption id="attachment_1205810" align="aligncenter" width="768"] An automated manufacturing production line of semiconductor components on an assembly line.[/caption]

Taiwan Semiconductor Manufacturing Company (TSM),...