π’ Dataroma: TSM Insider Buying Streak Tops All Stocks as AI Supply-Chain Bets Build
TSM insiders have made 83 open-market buys worth $1.37M over the past three months β the most of any Superinvestor-held stock β with purchases continuing almost daily through late July.
β’ This lines up with BlackRock's view that AI gains are rotating from hyperscaler "mega spenders" to the chip and hardware suppliers behind them.
β’ Superinvestors' own Q2 buy list echoes it, led by Applied Materials and Amphenol.
π‘ Why it matters: Sustained insider buying in a core AI foundry, paired with institutional accumulation in chip-equipment and connector names, suggests conviction is building around AI infrastructure suppliers even as Schroders warns of valuation froth in AI leaders broadly.
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