Today's video focuses on Taiwan Semiconductor Manufacturing Company (TSM -1.92%), its recent February revenue report, and an update on the current status of its 3 nm technology. TSM provides chips for numerous tech companies like Advanced Micro Devices, Nvidia, Apple, Qualcomm, and Intel. Here are some highlights from the video. 

  1. On March 10, TSM released its February 2022 revenue numbers. Semiconductor investors should be pleased to hear that TSM reported roughly a 38% year-over-year growth in revenue. It seems the demand for semiconductors is not going away in the short term. 
  2. TSM is currently testing its process to manufacture 3 nm chips. The first generation of 3 nm chips is called N3 and is expected to ship to customers in the first half of 2023. The second generation is called N3E, which is expected to provide better yield and should be released to customers in the second half of 2023. 
  3. TSM's stock price is down over 25% from its all-time highs. The current correction in the market could be providing long-term investors with an attractive entry point. At the moment, not only is TSM growing revenue at strong double digits, but it is also paying over a 2% dividend yield.

Click the video below for my full thoughts and analysis. 

*Stock prices used were the market prices of March 11, 2022. The video was published on March 11, 2022.