Warren Buffett sold his $5bn stake in Taiwan’s TSMC in 2022, citing geopolitical tensions. But it’s soaring, with a 90% share in advanced chips made for AI

The frenzy over artificial intelligence is trumping geopolitical concerns over Taiwan Semiconductor Manufacturing Co., with its record stock rally powering ahead. Foreign investors have boosted ownership of the stock to a two-year high, backing claims by TSMC that AI will be its biggest growth driver this year. The company has more than a 90% shareContinue reading “Warren Buffett sold his $5bn stake in Taiwan’s TSMC in 2022, citing geopolitical tensions. But it’s soaring, with a 90% share in advanced chips made for AI”

Nio Reveals ET9 EV Flagship, Promising Ultra-Fast 600-KW Charging

The ET9 sits atop the Chinese automaker’s electric lineup, and it features a 900-volt electrical architecture that supports lightning-quick charging speeds. BY BILL GIRO EMMA PUBLISHED: JAN 5, 2024 NIO Chinese EV automaker Nio seems no closer to its stated aim to ultimately sell cars in the States, but it is certainly busy in its homeland. TheContinue reading “Nio Reveals ET9 EV Flagship, Promising Ultra-Fast 600-KW Charging”