Sony Group Corporation

$Taiwan Semiconductor(TSM.US)

The market keeps focusing on short term headlines, but I see TSMC quietly strengthening its global manufacturing moat through its latest sensor JV with Sony in Japan.

What matters to me is TSMC’s unmatched process execution and advanced packaging capabilities. These are difficult for competitors to replicate. By securing key bottlenecks in AI computing and image sensors, TSMC continues to strengthen its position across the tech ecosystem.

I’d rather own great compounders than trade short term noise. When a company controls critical technology, I’m happy to let the compounding work in the background.

@Captain's Treasure

TSMC’s board passed a new capital budget of US$29.443 billion on Tuesday, putting total approved budgets for this year at $60.726 billion, compared to its 2026 capex forecast of $64B to $65B, media report, noting the fresh Sony JV announcement lead some to speculate whether 2026 capex might not be raised again. $Taiwan Semiconductor(TSM.US) $Sony(SONY.US) #semiconductors

Source: Dan Nystedt

Sony’s talks with TSMC over joint venture development of image sensor production lines at Sony's new fab in Koshi City, Japan (Kumamoto) “are progressing smoothly with a view to signing definitive agreements,” Sony said, adding it has already set aside ¥10 billion yen for the JV, in which it will be the majority shareholder. Sony is partnering with TSMC for its “world class semiconductor process technology” to boost future image sensors not just in mobile, but also physical AI (autos, robotics). $Taiwan Semiconductor(TSM.US) $Sony(SONY.US) #semiconductors

Source: Dan Nystedt

TSMC’s operation in Kumamoto, Japan is recovering and will need some time to recalibrate equipment after the 7.1-magnitude earthquake, tripping safety systems and halting production, media report. TSMC said the fab structure, water supply, power and safety systems are all normal, and detailed inspections continue. Construction of the 2nd fab has resumed.

Source: Dan Nystedt

$Sony Group Corporation(6758.JP) I think Sony has held steady at this level. I sold a batch of puts at 3378, expiring at the end of the month, and I'll see if they get exercised. If they are, I'll gladly accept it.

Just dropping these 3 slides from Agility Robotics ( $Churchill Capital XI(CCXI.US) ) presentations.

Recommend buying a little Sony, the price should have built a relatively good medium-term reversal structure. I currently hold a little RCN, considering if it can return to around 3400, I'll open a position in some shares; $Sony Group Corporation(6758.JP)

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Sony Music Group is to buy recognition music group from Blackstone in an almost $4B deal - FT - $Blackstone(BX.US) $Sony(SONY.US)

Tokyo Electron, Nikon remain vigilant over possible impact of DRAM shortages on SEMICONDUCTOR EQUIPMENT production, while Sony, Panasonic say procurement is under control and chip maker Renesas sees possible biz impact from high DRAM prices, Nikkei XTECH reports, adding Toyota, Honda, 5 more auto makers say no impact from DRAM shortage yet, and they are working closely with chip makers. $ASML(ASML.US) $Applied Materials(AMAT.US) $Lam Research(LRCX.US) $KLA(KLAC.US) $Tokyo Electron(TOELY.US) $Sony(SONY.US) $CAJ

Source: Dan Nystedt