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I think the most important piece of information from TSMC today is that it has once again raised capital expenditures to 60-64 billion.
TSMC has always followed a conservative expansion approach; if they haven’t seen actual orders and genuine demand, they wouldn’t ramp up production.
This also indirectly suggests that several major cloud companies may continue raising their capital expenditures during their earnings call meetings at the end of the month.
I don’t know what the market is trading today—so if it falls, buy more.