In this phase, I’m watching a thicker line: AI and high-performance computing aren’t just lifting a few of the hottest names anymore—they’re starting to propagate upstream into the manufacturing side. Money will first chase the story, and only later will it circle back to where the real bottlenecks in the supply chain are. TSMC roughly sits at that point, so I’m going to treat it as a more core-tier stock in semiconductors.
The market price action also supports this view. $TSM perpetual current price is 475.13, and over the past 24 hours it’s been pushed from 450.3 up to 475.86, up 4.98% for the day. Trading volume is 21.06M USDT—this isn’t a forgotten cold ticket anymore. More importantly, the funding rate is only +0.0092%, which isn’t crowded, suggesting this move up isn’t yet the kind of emotionally overheated chasing that you’d see when too many people pile in at once. Open positions are 18,093 contracts; at least that shows capital is willing to hold positions rather than just making a quick intraday push and running.
I’m bullish, not because it just happened to enter the front ranks of Binance’s US stock perpetual ranking today. Rather, as far as I understand, this company is fundamentally more like the “foundation” in the entire computing-power chain. As the industry moves upward, the first things to draw attention are endpoints and platforms; later, the market will look for segments with more stable pricing power—where substitution isn’t so easy. TSMC is the kind of stock that fits this: it may not be able to tell the best story every day, but once capital starts rotating from theme trading back to the industry chain, it usually won’t be absent.
My own approach is that I’m more willing to hold spot than futures. On the futures side, I’ll only open a very light position—at most a 3%-5% allocation. I won’t chase the highs sweeping in. If I really do take action, I’ll wait for it to not expand too fast near the intraday highs, then look to add on pullbacks. Because with big-cap stocks, once semiconductors cool off overall, or when high-level capital starts taking profits, the drawdowns won’t be small. Bullish, yes—but you still need to choose your entry.
$TSM #USStocks
The market can turn on a dime—keep a bit of positioning.
The market price action also supports this view. $TSM perpetual current price is 475.13, and over the past 24 hours it’s been pushed from 450.3 up to 475.86, up 4.98% for the day. Trading volume is 21.06M USDT—this isn’t a forgotten cold ticket anymore. More importantly, the funding rate is only +0.0092%, which isn’t crowded, suggesting this move up isn’t yet the kind of emotionally overheated chasing that you’d see when too many people pile in at once. Open positions are 18,093 contracts; at least that shows capital is willing to hold positions rather than just making a quick intraday push and running.
I’m bullish, not because it just happened to enter the front ranks of Binance’s US stock perpetual ranking today. Rather, as far as I understand, this company is fundamentally more like the “foundation” in the entire computing-power chain. As the industry moves upward, the first things to draw attention are endpoints and platforms; later, the market will look for segments with more stable pricing power—where substitution isn’t so easy. TSMC is the kind of stock that fits this: it may not be able to tell the best story every day, but once capital starts rotating from theme trading back to the industry chain, it usually won’t be absent.
My own approach is that I’m more willing to hold spot than futures. On the futures side, I’ll only open a very light position—at most a 3%-5% allocation. I won’t chase the highs sweeping in. If I really do take action, I’ll wait for it to not expand too fast near the intraday highs, then look to add on pullbacks. Because with big-cap stocks, once semiconductors cool off overall, or when high-level capital starts taking profits, the drawdowns won’t be small. Bullish, yes—but you still need to choose your entry.
$TSM #USStocks
The market can turn on a dime—keep a bit of positioning.