As of this writing, Yiannis Zourmpanos was long ASML and TSM.

Source: https://investorplace.com/2023/07/3-semiconductor-stocks-to-buy-and-hold-forever/

As the forerunner in the global semiconductor industry, TSM holds a 54% market share as 90% of advanced chips are produced by this company.

Source: https://investorplace.com/2023/09/the-3-most-undervalued-tech-stocks-to-buy-in-september-2023/

Fundamentally, TSM is very strong and it holds a solid position in the industry, since most of the semiconductor companies source their chips from the Taiwanese company.

Source: https://investorplace.com/2023/03/nvda-amd-tsm-3-semiconductor-stocks-to-watch-as-the-chip-shortage-continues/

I’d argue that given TSM’s dominant position in the foundry business, the forward outlooks for ASML and TSM are much more correlated than is suggested in the stock prices.

Source: https://seekingalpha.com/article/4594353-asml-stock-priced-for-perfection-market-ignoring-china-geopolitical-risks?source=feed_all_articles

If you haven’t already, I suggest looking at TSM for a potential buy this December.

Source: https://investorplace.com/2023/11/if-you-can-only-buy-one-semiconductor-stock-in-december-it-better-be-one-of-these-3-names/

The company is intertwined with so much of the world that I think if China invaded, it would be very ignorant of how big of a player TSM is in the semiconductor sector and it knows how big it is.

Source: https://seekingalpha.com/article/4596211-taiwan-semiconductor-invasion-narrative-overblown-company-buy?source=feed_all_articles

Therefore, we believe the TSM stock may underperform from current levels over the next few quarters, especially given the unpromising FQ1'23 performance thus far.

Source: https://seekingalpha.com/article/4595325-taiwan-semiconductor-recession-may-be-a-bigger-issue?source=feed_all_articles

They succeeded because their foundry TSM brought cutting edge process tech and manufacturing to the table and they forecast and pursued this now golden market segment.

Source: https://seekingalpha.com/article/4613096-intel-updates-its-opportunistic-foundry-model?source=feed_all_articles

TSM marks as a strong long-term investment due to the promising sector it dominates in terms of market share, as well as the merchant benefits to its main customer, Apple.

Source: https://investorplace.com/2023/09/the-3-most-undervalued-tech-stocks-to-buy-in-september-2023/

While the red ink mostly targeted TSM stock, rival players suffered from the fallout.

Source: https://investorplace.com/2023/07/why-are-chip-stocks-down-today-2/