You stepped up production when the auto industry sent out a call for help; you have worked with educational institutions to ensure that we are preparing the next generation of engineers; you have partnered with American companies to achieve economies of scale and identify areas for collaboration; and you have kept political and industry leaders abreast of your challenges and progress. The TSMC investment in the United States is a tangible example of what partners can do when we work together. Since then, a flurry of major investments and expansions in the U.S. have been announced by the likes of Global Foundries, Texas Instruments, Samsung, and Intel, not to mention the many suppliers to TSMC that recognize the importance of manufacturing critical semiconductor products in America. This summer AIT is organizing a delegation of Taiwan semiconductor ecosystem firms to visit Phoenix. We anticipate this new cluster of U.S.-Taiwan joint innovation will only continue to grow.