wait for clarity on the semiconductor tariffs. low end, high end, super high end semiconductor chips, different product segments - computers, automotive, electronic appliances and etc, different HS codes for semiconductor chips and details of when and exactly how many % of tariffs are still sketchy. If it is indeed coming, should be seeing front loading by customers to minimize the impact and Malaysia are producing mostly low end chips while Taiwan is producing super high end chips.

It will not be zero at the end of the day judging from Trump's tariffs rhetoric since Apr :) its probably a question of which HS codes related to semiconductor chips that will be subjected to tariffs/levies and how much will it be. Mr Market will be happy if the semiconductor related tariffs ended up at less than 20%.