The Taiwan Semiconductor Manufacturing Co logo is seen at the chip maker's headquarters, in Hsinchu, Taiwan, on January 19, 2021. Photo: Reuters
The Taiwan Semiconductor Manufacturing Co logo is seen at the chip maker's headquarters, in Hsinchu, Taiwan, on January 19, 2021. Photo: Reuters

Warren Buffett bets US$5 billion on chipmaking with new stake in TSMC

  • Assuming Buffett bought TSMC’s ADRs at the average price for the third quarter, the stake would have cost him US$5.1 billion
  • TSMC has emerged as a strategically vital player at a time when the US and China have clashed over leadership in the global technology industry

The Taiwan Semiconductor Manufacturing Co logo is seen at the chip maker's headquarters, in Hsinchu, Taiwan, on January 19, 2021. Photo: Reuters
The Taiwan Semiconductor Manufacturing Co logo is seen at the chip maker's headquarters, in Hsinchu, Taiwan, on January 19, 2021. Photo: Reuters
READ FULL ARTICLE