$TSM-D/G'd to Neg (from Pos.) w/ $40 PT by SUSQ, they U/G'd TSM in July '18 at bottom. D/G due to increased prospects of weaker consumer spending- smartphones-which are ~60% of rev w/ $AAPL ~25% of it. Combine w/ GS's D/G of AAPL today &amp; u don't have pretty pix @thenotablecalls