Core Viewpoint - TSMC's stock price has experienced a significant decline of 7.84% over two days, raising concerns among investors about the underlying reasons [1] Group 1: TSMC's Market Position - TSMC is a major player in the global semiconductor industry, and its movements serve as a market barometer [1] - The company's plans to expand manufacturing in the U.S. have sparked concerns about the potential relocation of Taiwan's semiconductor industry [1] - The Taiwanese leadership has publicly expressed support for the U.S., highlighting TSMC's strategic importance to American semiconductor competitiveness [1] Group 2: Competitive Landscape - Intel is actively enhancing its wafer foundry capabilities to compete with TSMC [1] - Despite increasing competition, tech companies, including OpenAI, continue to prefer collaboration with TSMC to meet rising demand [1] - The industry maintains confidence in TSMC's technological advantages and stability despite external competitive pressures [1] Group 3: Investment Considerations - Investors are advised to carefully assess TSMC's long-term strategy and potential investment opportunities amid these changes [2] - While the U.S. pushes for domestic manufacturing, TSMC remains the preferred choice in the industry for the short term [2] - Future investor focus should be on TSMC's global developments and interactions with U.S. policy changes for informed investment decisions [2]