Since I last published my article months ago, TSMC shareholders have gone through a volatile ride. Shares have witnessed significant declines due to concerns over escalating trade protectionism and questions about the sustainability of AI capital expenditure . While lossesA long-term investor passionate about Equity Research. My investment objective is to identify market asymmetries with positive reward-to-risk. I invest in high-quality, wide-moat companies that generate strong cash flow and trade at a fair ...