Motley Fool
Will Taiwan Semiconductor Manufacturing Be a Trillion-Dollar Stock by 2032?
Famous investor Warren Buffett created quite a stir the other day when his company, Berkshire Hathaway, revealed a new 60-million share stake in Taiwan Semiconductor Manufacturing (NYSE: TSM) worth $4.8 billion. As the world’s largest semiconductor foundry, Taiwan Semiconductor manufactures integrated circuits based on designs provided by its clients, including the likes of Advanced Micro Devices, Broadcom, Intel, and Nvidia. Taiwan Semiconductor has also suffered as a result of the geopolitical tensions surrounding China and Taiwan, and its stock had lost some 40% of its value before the company reported better-than-expected third quarter earnings.