Escalating U.S.-Iran tensions introduce acute geopolitical tail risk, likely lifting near-term crude risk premia and pressuring broader risk sentiment via energy and inflation channels. Separately, TSMC's strong Q2 revenue growth and Meta's $40B Louisiana investment are supportive for semiconductor and AI-capex narratives, but they are secondary to the headline geopolitical shock for cross-asset positioning.
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U.S.-Iran relations have worsened amid rising geopolitical tensions. TSMC reported that its second-quarter revenue rose 36% year over year. Meta said it will add $40 billion in investment in Louisiana. The escalation in U.S.-Iran tensions is a sudden geopolitical risk event that could disrupt energy markets and global risk sentiment.