TSMC is really undervalued at current price. The high-end chips made by TSMC are perpetually in demand! No worries about glut - it only apply to those making low-end chips.
TSMC stock surged more than 2% in premarket trading<blockquote>台积电股价在盘前交易中飙升超过2%</blockquote>
TSMC technology is 3 years ahead of Intel - producing 3nm while Intel still in 7nm. It is all about how advance your chips are compared to your competitors.