My current portfolio includes SNDK, MU, CRDO, INTC, TSEM, TER, and several other positions.
I want to talk a bit more about TSEM in particular. When I first discovered it, it was already in a post-rally pullback phase. Based on the information available at the time, along with earnings season dynamics and capital flow patterns, I started building a position using part of my cash reserve. As the stock continued to pull back, I gradually added more.
My view was that as leading names continued to run, the market would eventually see capital rotation and dispersion. In periods like that, some investors tend to take profits due to volatility and fear, but they often remain constructive on the semiconductor and memory space, which leads them to rotate into undervalued names that have not yet moved. That was the setup I positioned for, and it worked out well.
For me, this was not just a technical or informational decision, but also a conviction-based view on the long-term strength of the sector.
I’ve always been bullish on technology because I believe it is a fundamental driver of human progress. It attracts both global attention and long-term capital. The main risk in my view is valuation, not the structural trend itself.
Going forward, I remain positive on the sector and plan to hold my positions with conviction. At the same time, I’m also open to hearing different perspectives from other professionals and would be glad to exchange ideas and stay updated on new insights