TSM

David Tepper's Appaloosa Management disclosed three especially large positions in its second-quarter filing, and at today's prices we see the setups differently across Apple (NASDAQ:AAPL | AAPL Price Prediction) at $305.93, Taiwan Semiconductor Manufacturing (NYSE:TSM) at $426.35, and CoreWeave (NASDAQ:CRWV) at $105.26, with the risk/reward tilting cautious, constructive, and skeptical respectively.

The AI infrastructure trade keeps accelerating, and three names are flashing the same signal: accelerating orders, expanding margins, and forward visibility that now stretches into 2028.

Second-quarter 13F filings, disclosed late last week for positions held as of June 30, tell a clear story inside the semiconductor trade: the biggest hedge funds rotated out of Broadcom (NASDAQ:AVGO | AVGO Price Prediction) and into Taiwan Semiconductor Manufacturing (NYSE:TSM).

Cloud computing providers are experiencing massive growth and aren't likely to slow down their infrastructure build-outs. TSMC owns the logic chip manufacturing market.

Softbank Group Corp. unveiled a new stake in Capital ​One and disclosed that it ‌sold 71.5% of its stake in Taiwan Semiconductor Holdings during the second quarter in filings ​with the U.S. Securities and ​Exchange Commission.

Elon Musk says his companies are about to build the largest building on Earth. Terafab, a chip factory rising on a defunct reservoir in Grimes County, Texas, is planned at more than 100 million square feet of manufacturing space, or roughly 36 times the office footprint of the Empire State Building.

Grading the AI buildout's three load-bearing names at current prices: Microsoft (NASDAQ:MSFT | MSFT Price Prediction) at $502.03 is a buy, Taiwan Semiconductor Manufacturing (NYSE:TSM) at $421.97 is a buy, and AMD (NASDAQ:AMD) at $467.42 is a hold.

TSMC and Sony are set to form a JV in Japan to develop and manufacture smartphone image sensors, with volume production set for 2029.

Taiwan Semiconductor's July revenues jump 44.7% as AI demand stays robust, N2 ramps up, and global N3 expansion supports growth.

Taiwan ​chipmaker ‌TSMC said on ​Tuesday ​it will ⁠invest ​282 billion ​yen ($1.77 billion) in ​a ​joint venture with ‌Sony ⁠Group to develop ​and ​make ⁠next-generation image ​sensors.