Long TSMC / Short UMC: Invest in a Structural Monopoly Vs. A Crowded Recovery

Smartkarma

2025/12/31

⬆ TSMC (Taiwan Semiconductor Manufacturing) - ADR - TSMC and UMC have had similar 3-month performance yet TSMC's outlook is more resilient into 2026E due to dominating leading-edge manufacturing.

Continue reading on Smartkarma:- https://www.smartkarma.com/insights/long-tsmc-short-umc-invest-in-a-structural-monopoly-vs-a-crowded-recovery?utm_source=tiger_community

By Vincent Fernando, CFA, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/vincent-fernando-cfa-f29d1c28-fc02-4296-afcd-5e900f012d86?utm_source=tiger_community

On TSMC (Taiwan Semiconductor Manufacturing) - ADR (TSM):- https://www.smartkarma.com/entities/taiwan-semiconductor-manufacturing-adr?utm_source=tiger_community

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

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A Crowded Recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1009381084\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/bb92df7ff435380d798b36afa44a5c07);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Smartkarma </p>\n<p class=\"h-time\">2025-12-31 06:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><img src=\"https://static-prod.smartkarma.com/insight_cover_images/274e2e56-1ec1-4584-b282-cfa5fef8b77b.png\"/>\n<p>⬆  <a href=\"https://laohu8.com/S/TSM\">TSMC (Taiwan Semiconductor Manufacturing) - ADR</a> - TSMC and UMC have had similar 3-month performance yet TSMC's outlook is more resilient into 2026E due to dominating leading-edge manufacturing.</p><br/><p>Continue reading on Smartkarma:- https://www.smartkarma.com/insights/long-tsmc-short-umc-invest-in-a-structural-monopoly-vs-a-crowded-recovery?utm_source=tiger_community</p><p>By Vincent Fernando, CFA, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/vincent-fernando-cfa-f29d1c28-fc02-4296-afcd-5e900f012d86?utm_source=tiger_community</p><p>On TSMC (Taiwan Semiconductor Manufacturing) - ADR (TSM):- https://www.smartkarma.com/entities/taiwan-semiconductor-manufacturing-adr?utm_source=tiger_community</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4602","symbol_name":"量子计算概念","start_time":0,"source_url":"https://www.smartkarma.com/home/private-investor-solutions/","article_id":"2595726285","we_media_id":"1009381084","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2595726285","pubTimestamp":1767133294,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Smartkarma","introduction":"Smartkarma","home_visible":1,"id":"1009381084","head_image":"https://static.tigerbbs.com/bb92df7ff435380d798b36afa44a5c07"},"summary":"utm_source=tiger_community","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4602":"量子计算概念","SG9999004220.SGD":"Nikko AM Shenton Asia Dividend Equity Fund  SGD","LU0719512351.SGD":"JPMorgan Funds - 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