$Advanced Micro Devices (AMD.US)$ I have been holding 174 until now, and I am considering whether to buy more. Bet on the financial report. $Rectitude Holdings (RECT.US)$

$Sheng Siong (OV8.SG)$
OCBC have kept its "buy" call on Sheng Siong with a slightly lower fair value estimate (or tp) of 1.92 from 1.94 previously.
The lower estimate was due to the adjustments on sales growth, gross margin and administrative expenses (due to higher staff and utilities costs) estimates.
Meanwhile, the group remains a defensive play amid rising inflation and slower economic growth.
Though the demand for groceries will continue to normalise in 2023 from Covid-19, this could potent...

$Sheng Siong (OV8.SG)$
DBS have downgraded it to "hold" with a lower tp of $1.76 on possible near-term headwinds, such as slower store growth, high labour cost and sticky elevated utility cost.
DBS downgrades Sheng Siong to 'hold' with lower TP of $1.76 despite record quarterly gross margin

$Taiwan Semiconductor (TSM.US)$
There are plenty of speculations why Buffett sold TSMC...
Among the many reasons, I think the main factor could be Geopolitical Risk.
Businesses suffer from US-China tension.
The US influenced TSMC to stop making high-end chips for Huawei, crippling the latter.
After Berkshire invested in TSMC, the US banned Chinese firms from buying high-end AI and supercomputing chips in October 2022.
Losing China, the world's largest se...

I saw a post about chips and shared it.
But before that, let's talk about it. The previous post mentioned “junk stocks,” and some mooer objected. Let me clarify here. Junk stocks and junk companies are two concepts. Junk companies must be junk stocks, but good companies may also be junk stocks. Investors need steady growth in returns. For example $Meta Platforms (META.US)$ Since the outbreak of the epidemic, it has expanded arbitrarily. If you do nothing to burn money into the metaverse, it is garbage. Meta at that time was just junk stocks, and you should definitely not touch it. It wasn't until I decided to cut down on the pain and make drastic layoffs to control costs that it was no longer rubbish, but I couldn't talk about it much. And the one mentioned before $C3.ai (AI.US)$ , and the one previously mentioned $Carvana (CVNA.US)$ Regardless of whether the company is excellent or not, at least currently, their stocks are junk stocks. Taking a heavy stake in these stocks, especially when leveraged, may become rich overnight, but the greater possibility is that billionaires can quickly become millionaires So I think this kind of investment is rubbish. For these companies, surviving the next three years is more important than anything else.
Back to the point. Regarding semiconductors, I agree 100% with his opinion, transferred from the WeChat account Dajian Style. Chip supply cuts are an opportunity for China. If TSMC were to expand drastically in mainland China, that would be a disaster for the Chinese chip industry. So if Bai Zhenhua continues this policy, there may be a lot of beauty in 10-20 years...