Taiwan Semiconductor Stock Rise Continues After Berkshire Hathaway Announces $4.1 Billion Stake

The world’s largest contract chipmaker or foundry, Taiwan Semiconductor Manufacturing shares rose 6% after hours following Warren Buffett’s Berkshire Hathaway announced they bought more than US$4.1 billion of American Depository Shares (ADS) in TSMC in their filing for September 30. TSMC have been a big part of the Semiconductor bounce in the past week rising 12.96% tracking the broader tech rally after the mellower US inflation print prompted bets of a less aggressive hike by the Federal Reserve. Berkshire Hathaway … Continue reading “Taiwan Semiconductor Stock Rise Continues After Berkshire Hathaway Announces $4.1 Billion Stake”

Record Taiwan Chip Production To Continue, Expanding Over 25% in 2022

The global chip supply is expected to get some relief from Taiwan Semiconductor Manufacturing Co (TSMC) and the other Taiwanese Semiconductor manufacturers next year. A Taiwan government think tank forecasts output will grow 25.9% in 2021 to a 4.1 trillion New Taiwan dollars ($147 billion). Producers are struggling to keep up with the surging demand even as they invest in new capacity. A recent report published by Taiwan government think tank, The Industry, Science and Technology International Strategy Center (ISTI) … Continue reading “Record Taiwan Chip Production To Continue, Expanding Over 25% in 2022”

Chip Shortage and COVID Slams Taiwan Stock Index in Biggest 2 Day Collapse in Thirty Years

Taiwan’s stock index (TAIEX) has been one of the success stories of 2021, led by Taiwan Semi Conductor $TSM. However the chip shortage is taking it’s toll and new outbreaks of the coronavirus has shocked the island nation. The TAIEX is down 8.6% in the largest 2 day drop since 1990 and down more than 13% from its April high