TSM To Announce Additional Fab Expansion Plans: Digitimes Asia


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


  • Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) will shortly disclose plans to build additional 28nm, 12nm, and 16nm process fabrication lines at new fabs, in addition to its Nanjing fab expansion Digitimes Asia reports.
  • Needham analyst Charles Shi initiated coverage on TSM with a Buy rating.
  • The firm expects revenue CAGR of 15% despite industry downturn within two years. The introduction of the 3nm technology, which will be largely immune to the industry cyclicality, supports the growth thesis.
  • TSM just reported a June revenue growth of 22.8% to NT$148.47 billion.
  • Price action: TSM shares traded higher by 2.11% at $125.21 on the last check Tuesday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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