At TSMC’s annual meeting, geopolitics took center stage for the first time, as CEO Mark Liu defended the US expansion, saying the plans were “not all downside” (Kathrin Hille/Financial Times)

Kathrin Hille / Financial Times:
At TSMC’s annual meeting, geopolitics took center stage for the first time, as CEO Mark Liu defended the US expansion, saying the plans were “not all downside”  —  Shareholders question strategy but chair says new foundries outside Taiwan can help it maintain global leadership