TSMC: Geopolitical Fears Could Rear Its Ugly Head Again

Billy H.C. Kwok/Getty Images News Taiwan Semiconductor, or TSMC (NYSE:TSM) investors, will likely head into one of the company’s most anticipated earnings conferences next week. TSMC is slated for its fourth-quarter or FQ4 earnings release on January 18. It’s a pivotal release as the pure-play foundry looks to reassure investors that it will maintain its technological lead over Intel Corporation (INTC). Observant TSMC investors should have realized that TSMC has underperformed INTC since TSM/INTC topped out in May 2023. As a result, INTC has staged a highly remarkable recovery, outperforming its semiconductor peers (SOXX) (SMH) since then. Consequently, I assessed…