V i e w p o i n t | 16 Sep 2025 12:20:59 ET │ 10 pages Nicholas Lai +886-2-8726-9093 nicholas.lai@citi.com See Appendix A-1 for Analyst Certification, Important Disclosures and Research Analyst Affiliations. Taiwan Semiconductors and Electronic Components & Equipment US marketing feedback - Structural AI growth continues, prefer NVIDIA supply chain on smooth product cycle transition CITI'S TAKE We were in the US meeting investors over the past two weeks. We note that US investors appear more positive on AI' ...