Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Taiwan Semiconductor Manufacturing Stock Jumped on Tuesday

TheMotleyFool

0 0

Why Taiwan Semiconductor Manufacturing Stock Jumped on Tuesday: https://g.foolcdn.com/editorial/images/709492/computer-processor-and-fast-moving-cars.jpg

Shares of Taiwan Semiconductor Manufacturing (NYSE: TSM) were up 12.4% as of 10:19 a.m. ET on Tuesday after Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) disclosed a large stake in the chipmaker.

TSM shares have fallen sharply this year over slowing demand in the semiconductor industry, but the investment by Berkshire is a signal that the stock has reached value territory.

TSM is the leading chip manufacturer in the world. It makes chips for Nvidia, Advanced Micro Devices, Intel, among others. Its expertise in cutting-edge chip technology allows the business to generate a high operating margin close to 50%, which is rare.

Source Fool.com

Like: 0

TSM

Share