Mii Yuh-Jier purchased $5K of TSM (indirect holdings)

TSMC is considering building a new semiconductor production base in Texas, intensifying competition with Samsung Electronics. TSMC's CEO confirmed evaluations are underway. Samsung plans to strengthen its Taylor fab for advanced processes. Both companies are vying for market share and talent in the U.S. semiconductor industry, with Samsung focusing on HBM memory and securing major customers.

TSMC is considering Sherman, Texas, for a $45B semiconductor hub, potentially competing with Samsung's nearby facilities. TSMC may hire 5,000 workers and start production by 2029, joining Texas Instruments and other semiconductor firms in the area. Samsung is also expanding in Texas, targeting 2027 production for Tesla chips.

Intel (INTC) reported Q3 2026 revenue of $16.5B (+21% YoY), with Data Center and AI division up 78% to $7.3B, while PC business declined 5%. Taiwan Semiconductor (TSM) saw Q3 2026 revenue of $46.7B (+41.2% YoY), with 68% from high-performance computing. Intel faces challenges in manufacturing and profitability, while TSM leads in advanced chip manufacturing and AI infrastructure.

Tesla (TSLA) CEO Elon Musk may let TSMC (TSM) take a larger role in its Terafab chip project, according to Digitimes. Negotiations are set to reopen, with TSMC potentially handling construction and operations. Musk initially planned Tesla and SpaceX to lead the project. TSLA shares closed at $399.81 on Friday, up 0.10% in extended trading.

Intel's weak guidance caused its shares to drop 29% on Friday, impacting U.S. and Asian markets. Taiwan's TAIEX index fell 812 points at open, with TSMC shares dropping below NT$2,310. Other tech stocks also declined, including AMD, Qualcomm, and Nvidia. Analysts attribute the sell-off to concerns over AI-related capital spending and U.S. economic data.

Taiwan's Taiex index may face downward pressure after TSMC's ADRs dropped 5.95% overnight, following a broader U.S. tech sell-off. Analyst Tony Huang cited AI spending concerns and weak earnings reports. The Taiex fell 2.49% on Friday. Foreign investors sold NT$994.3 billion in tech stocks, including TSMC, MediaTek, and Delta Electronics.