Taiwan Semiconductor: High Ground Versus Low Ground
Taiwan Semiconductor Manufacturing Co., or TSMC, is at a "choke point" in the semiconductor supply chain, where the company can benefit from the rigidity of industry capacity expansion to meet demand surge.TSMC’s high-ground scenario includes possessing the most advanced high-end technology, the largest and still rising market share, and 15% annual revenue growth from $28 billion capex.If considering both the high-ground and low-ground cases, TSM is reasonably valued at the current $110’s lev
Disney: What Is Disney+ Really Worth To Shareholders
In the past 16 months, Disney+ has gained 100 million subscribers.The market has generally viewed Disney+ as a major needle mover for the company overall.My goal is to find out how much value can Disney+ add for current shareholders.Disney+ has been a major catalyst for The Walt Disney Company since it was first announced in April of 2019. The company was clearly making a strong pitch for getting content directly to consumers through the use of streaming services. Ever since the company had acq