Warren Buffet buys $5-billion stake in TSMC

[Hanno Labuschagne]

Warren Buffet buys $5-billion stake in TSMC

Warren Buffett’s Berkshire Hathaway Inc. took a stake of about $5 billion in Taiwan Semiconductor Manufacturing Co., a sign the legendary investor thinks the world’s leading chipmaker has bottomed out after a selloff of more than $250 billion. Shares surged.

The Omaha-based conglomerate acquired about 60 million American depository receipts in TSMC in the three months ended September, it said in a filing.

[Bloomberg]

 

[Sapphiron]

smart people invest in technology infrastructure tech.

pompous assholes buy tech media companies because they cant back out of a bluff.

 

[Dolby]

smart people invest in technology infrastructure tech.

pompous assholes buy tech media companies because they cant back out of a bluff.

That pompous ******* is still worth twice as much as the smart investor though

 

[Pegging]

smart people invest in technology infrastructure tech.

pompous assholes buy tech media companies because they cant back out of a bluff.

I take it you invested in tech media companies.

 

[Pak Fa Fui]

But China

 

[Vorastra]

smart people invest in technology infrastructure tech.

pompous assholes buy tech media companies because they cant back out of a bluff.

You mean the reason that Musk is by far the richest guy in the world lmao

Okes need constant copium with this whole Musk Twitter thing, ne.