Warren Buffet Buys 60 Million TSMC Shares Worth RM23 Billion

 


Taiwan Semiconductor Manufacturing Company or TSMC is now seen as the most important semiconductor chip developer in the world because they are responsible for manufacturing a large number of the processing chips that power millions of devices used today.


Recently it was reported by Tom's Hardware that Warren Buffet, a leading investor and the sixth richest individual in the world has invested about $5 billion (~RM26 billion) to buy 60 million shares of the company.



This is interesting because many market analysts say that the processing chip manufacturing industry will receive a reduction in terms of chip demand, with companies such as Global Foundries and Intel already showing reductions in terms of profits.


But it can also be seen that TSMC will not be so affected by market movements because they still have big clients such as Apple, AMD, NVIDIA and Qualcomm who still use their services to build the latest processing chips.


TSMC is also seen as one of the processing chip manufacturing companies allowed to import US-made chip manufacturing equipment to China, and this is also seen as one of the advantages for the company to ensure their production of modern processing chips is always at an optimal level.

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