Everything was going fine, until the Stable Genius decided to declare war on China attacking Huawei and ZTE.
Til then, no company needed to place panic orders for two or three years, the semiconductor market was stable, the manufacturers of semiconductor manufacturing equipment were making their money. TSMC was making money. Everything went smoothly and everybody was happy.
After he declared war on China, he suddently realized that Taiwan was much closer to China than to the US. It also suddently dawned on him that both Taiwan and China spoke the same language, they had the same cultural roots and essentially they were the same people.
That realization scared the American shitless, because, who knows, if somehow Taiwan became suddely wise, they could end up being under the control of mainland China, to whom they had just then declared war.
Now it is each one for himself, no matter who gets screwed.
At the end of the day, Taiwan and TSMC will be the greates losers. The US, however, is going to take a blow like they have never gotten in their entire history.
It will be nice to see it!