Tag Archives: taiwan

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”