TSMC Jumps 4% to a Record High Is Geopolitics Still the Biggest Risk?

TSMC just got its annual US export license to move chip manufacturing equipment to its Nanjing plant. This approval came before their previous end-user authorization expired, and TSMC confirmed they don’t need individual vendor licenses, ensuring fab operations and product deliveries continue uninterrupted.

Samsung and SK Hynix also got approval to ship US chip equipment to China, which seems like a positive signal for the industry.

Earnings are coming up on 01/15 is TSM the last hope, or is this record high just masking something?

I’m holding a 10% position should I keep holding, chase the rally, or maybe play some calls? I’m not sure if this spike is just sentiment-driven, so I’m on the fence.

Curious what everyone else is doing still holding TSM, or taking profits before earnings?