On Wednesday’s episode of Open Interest, Mike & Mark discuss inflation and natural resource investing as a way of holding on to purchasing power.
Large diversified mining companies like BHP Group, Rio Tinto, and Vale. We also discuss oil, bitcoin, monetary policy, rate cuts, or the lack thereof.
FYI: TSM earning announcement over night
• Revenue +17% Y/Y $18.9B ($0.3B beat).
• Gross margin 53% (-3pp Y/Y).
• Operating margin 42% (-3pp Y/Y).
• Capex $5.8B.
• EPADR $1.38 ($0.06 beat).
3nm & 5nm were 9% & 37% of revenue.
