Taiwan Semiconductor posts third-quarter earnings that surged 54% to a record, Expedia jumps after a report says Uber has explored a bid for the online travel company, and Lucid expects wider losses.

Taiwan Semiconductor shares are in a long-term bull market with a target price of $230. Utility and Nuclear stocks have been in the news over the last two weeks as AI companies are partnering-up with energy providers, but there’s another level to this trade.

With high growth baked into the market, the upside for the stock is a bit diminished. However, if you're patient, the long-term trends are still there for Taiwan Semi's stock to deliver market-beating returns over the next five years.