David Orr on X
Citadel’s semiconductor bet depends on whether SOXX’s drop is technical or reflects weakening AI-chip fundamentals, with forced selling and redemptions shaping the near-term exit.
NYSE
Taiwan Semiconductor Manufacturing CO LTD
TSM
2 articles
$2.2T Market cap · 2026-08-21
TSMC 2Q'26: Stratospheric Margins Amidst the AI Super Cycle
TSMC’s 2Q 2026 operating margin exceeded 60% as AI-driven demand for advanced chips pushed profitability beyond the prior cycle’s…
Investor Letters
Letters that discuss TSM.
- Wedgewood Partners Are Hyperscalers Still Magnificent? Second Quarter 2026 +9.4% HRMS AMZN $2.8TGOOGL $4.2TMETA $1.4T
- Artisan Partners Artisan Global Opportunities Fund Quarterly Commentary Q2 2026 +12.4% AMD $773BAS $18BBAESF $89BCOR $61B
- First Eagle Investments Overseas Fund Commentary second quarter 2026 +3.2% 032830 $43BBABA $290BCFRHF $136BIMO $66B
- Dodge & Cox Stock Fund Stock Fund Investment Commentary Second Quarter +5.6% KKR-P-D TMO $231BV $693BCHTR $18B
