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Sunday, 05/28/2023 1:22:18 PM

Sunday, May 28, 2023 1:22:18 PM

Post# of 642971
Fancy Nvidia? You might like this one
WSJ’s Jacky Wong thinks Taiwan Semiconductor Manufacturing (NYSE:TSM) is a cheaper AI play than investing in Nvidia. TSM manufactures Nvidia’s chips and controls 90%+ of the advanced chip market.
The stock trades with a 17x price-to-earnings ratio — below its historical average and lower than Nvidia’s 68x, according to Morningstar.
Watch your step: TSM has been caught between China and Taiwan’s political tensions — leading to Warren Buffett selling nearly his entire stake.

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