According to @business, Taiwanese Vice President Hsiao Bi-khim called for greater support and international recognition for Taiwan in rare remarks to a European Parliament group in Brussels, signaling a stepped-up diplomatic outreach to the EU. Source: Bloomberg. Taiwan’s semiconductor dominance makes this engagement market-relevant, with Taiwan-based foundries accounting for the majority of global foundry revenue and TSMC holding roughly 59% market share in 2023, highlighting supply-chain sensitivity to geopolitical developments. Source: TrendForce 2023 foundry market share. Equity traders may watch TSM (NYSE: TSM) and European supplier ASML (AMS: ASML), as ASML identifies TSMC as a key customer in its annual report, tying European chip-capex cycles to Taiwan’s policy and diplomatic posture. Source: ASML Annual Report 2023. For crypto, heightened geopolitical headlines have coincided with stronger co-movements between BTC and equities since 2020, implying potential risk-on/off spillovers to BTC and ETH during macro shocks. Source: International Monetary Fund, 2022 blog Crypto Prices Move More in Sync With Stocks.