Michele Cesari @Mexploder: "𝗔𝗜 𝗜𝘀𝗻'𝘁 𝗪𝗮𝗶𝘁𝗶𝗻𝗴 𝗳𝗼𝗿 𝗣𝗲𝗮𝗰𝗲..."

Italy

𝗔𝗜 𝗜𝘀𝗻'𝘁 𝗪𝗮𝗶𝘁𝗶𝗻𝗴 𝗳𝗼𝗿 𝗣𝗲𝗮𝗰𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗚𝘂𝗹𝗳 This week the market kept its eyes fixed on the Strait of Hormuz. The US-Iran truce was extended by a few days at Pakistan's request, Brent hovered around 98 dollars, and sentiment swung violently between fear and relief within hours. It's the script of the last two months: mutual threats, fragile truces, oil as the thermometer of tension. What struck me, though, is that in the middle of all this geopolitical noise, $TSM (Taiwan Semiconductor Manufacturing Co Ltd - ADR) reported an extraordinary quarter — net income up 58%, full-year guidance raised above 30% growth — and $ASML (ASML Holding NV) also lifted its 2026 estimates. The message is clear: structural demand for AI-related compute isn't waiting for someone to resolve the Strait of Hormuz. This is why I continue to hold $NVDA (NVIDIA Corporation) $AVGO (Broadcom Inc) $ASML.NV and $TSM as the core of the portfolio, together with indirect exposure through the major hyperscalers. In the meantime, I've replaced $C (Citigroup) - sold near the highs - with $SPGI (S&P Global Inc) which I see as higher quality within the same financial sector. With uncertainty still high, I'm keeping a cash cushion ready to deploy: it's not indecision, it's the reserve I want to have when entering on any pullbacks.

Not investment advice. The author may have financial interests in the mentioned instruments.