Chipmaking

Buffett Bets $5 Billion on Chipmaking With New Stake in TSMC

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(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. took a stake of about $5 billion in Taiwan Semiconductor Manufacturing Co., disclosing its holding in the world’s leading chipmaker as part of its portfolio changes in the last quarter. Shares surged. Most Read from Bloomberg The Omaha-based conglomerate acquired about 60 million American depository receipts in TSMC … Read more

U.S. plans new curbs on exports of chips, chip-making tools to China: report

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The Biden administration plans to expand export restrictions for U.S. chip companies to China, according to a new report. Reuters reported Sunday night that the new curbs on artificial-intelligence semiconductors and chip-making tools will be based on restrictions issued earlier this year in letters to KLA Corp. KLAC, +2.16%, Lam Research Corp. LRCX, +2.65% and … Read more