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2026-10-01 12:32 • The Motley Fool Positive Axe Cap view: Selective

Taiwan Semiconductor Manufacturing (TSMC) and ASML are identified as having unbreachable competitive moats in advanced chip technology. TSMC dominates chip fabrication with 72.5% of global foundry revenue and serves nearly all AI chip designers, while ASML holds a technological monopoly on extreme ultraviolet lithography machines essential for chip manufacturing. The article recommends both as superior long-term investments compared to Intel and Nvidia, with TSMC being the slightly better value at current prices.

Axe note: Two companies quietly dominate chipmaking, far outperforming better-known names like Intel or Nvidia.

2026-10-01 12:10 • The Motley Fool Positive Axe Cap view: Selective

Nvidia announced a historic $150 billion increase in share repurchase authorization, bringing total authorization to $235 billion through fiscal 2028. The article argues this signals management confidence in the company's undervaluation, citing Nvidia's 120% YoY earnings growth, 29x trailing P/E ratio (below Nasdaq average of 39), and expected 70% revenue growth in fiscal 2028. The analyst projects the stock could reach $526 by end of fiscal 2029 (132% upside) based on expected EPS of $21.06 and a 25x earnings multiple.

Axe note: Nvidia’s massive share repurchase signals bullish AI bets, but South African investors face a tricky trade-off.

2026-10-01 12:07 • The Motley Fool Positive Axe Cap view: Selective

A $1,000 investment in the Vanguard S&P 500 ETF could grow to approximately $17,400 over 30 years assuming a 10% annual return, demonstrating the power of long-term buy-and-hold investing. While the fund has historically returned 15% annually since its 2010 inception, a more conservative 10% benchmark aligns with the S&P 500's long-term average.

Axe note: Historical returns of the Vanguard S&P 500 ETF show why patience beats timing—even from a South African perspective.