

Taiwan Semiconductor Manufacturing (TSM) is a key player in the semiconductor market, a serious mega cap and also sensitive to the ups and downs of US, Chinese relations which seemed to have thawed a little recently. I think if I was a leader of either of these countries that keeping a reasonable trading relationship going would be an absolute priority because it is so important to global prosperity and keeping the world a peaceful place. Russia doesn't really matter; at the end of the day it is a tin pot dictatorship with nuclear weapons but China does. At some point in the not too distant future it is going to be the largest economy in the world. We can't let them cut adrift.