It currently has a very large percentage of the high-end semiconductor chip design market with its EUV printing processes. It is also squarely in the crosshairs of an economic war between China and the USA:
www.reuters.com
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TSMC cuts capex on tool delays, demand woes; cautious on outlook
Taiwanese chipmaker TSMC cut its annual investment budget by at least 10% for 2022 and struck a more cautious note than usual on upcoming demand, flagging challenges from rising inflationary costs and predicting a chip downturn next year.