Buffett Takes $5 Billion Stake in TSMC

• 3 min read
Buffett Takes $5 Billion Stake in TSMC

MARKET MOVERS

  • Buffett takes a $5 billion stake in TSMC. It might be a sign the legendary investor thinks the world’s leading chipmaker has bottomed out after a selloff of more than $250 billion. The Omaha-based conglomerate acquired about 60 million American depository receipts* in TSMC in the three months that ended September, it said in a filing.
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