Hsin Ni Hsieh
$TSM (Taiwan Semiconductor Manufacturing Co Ltd - ADR) experienced notable volatility, briefly hitting an all-time high of $248.28 before dropping 9% due to uncertainty around U.S.-China trade policies. It has since rebounded to around $235. A key development was TSMC’s announcement to expand its Arizona fab investment to $165 billion, marking its first profitable quarter in the U.S. While overseas expansion may pressure short-term margins, long-term growth remains promising, driven by AI and high-performance computing demand. $TSLA (Tesla Motors, Inc.) faced choppy trading this month. However, its public Robotaxi trials in Austin captured investor attention, showcasing progress in autonomous driving and AI integration. Despite regulatory and competitive headwinds, Tesla’s long-term outlook is supported by its potential to scale software-based revenue. $MSFT (Microsoft) maintained steady performance, hovering around $504 after a post-earnings surge and subsequent pullback. The highlight this month was the integration of GPT-5 into Copilot and Azure, accelerating AI adoption. Its expanded partnership with the NFL further demonstrated cross-industry influence. Although infrastructure spending may compress short-term profits, cloud and AI services remain central to its growth trajectory.
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