TSM drop discussion. Safer to drop and rebalance out?

one of my biggest position is TSM. i've held it for over a year with a cost basis of ~~$113.

I dont live under a rock. I know whats going on around the world atm. however it seems like TSM is taking a bigger hit, even compared to other semiconductor stocks. And a more consistent dip.

the only thing i can think of is people are concerned that China will invade Taiwan.

Is that really the reason for the bigger hit on TSM?

IMO it looks like its still in a bigger FUD territory for TSM based on correlation compared to either the market, other Semis, etc.