Advertisement
New Zealand markets closed
  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     
  • NZD/USD

    0.5881
    -0.0025 (-0.42%)
     
  • NZD/EUR

    0.5525
    -0.0020 (-0.35%)
     
  • ALL ORDS

    7,798.80
    -100.10 (-1.27%)
     
  • ASX 200

    7,547.40
    -94.70 (-1.24%)
     
  • OIL

    84.70
    +1.97 (+2.38%)
     
  • GOLD

    2,396.90
    -1.10 (-0.05%)
     
  • NASDAQ

    17,394.31
    -99.31 (-0.57%)
     
  • FTSE

    7,877.05
    +29.06 (+0.37%)
     
  • Dow Jones

    37,775.38
    +22.07 (+0.06%)
     
  • DAX

    17,837.40
    +67.38 (+0.38%)
     
  • Hang Seng

    16,185.83
    -200.04 (-1.22%)
     
  • NIKKEI 225

    37,104.81
    -974.89 (-2.56%)
     
  • NZD/JPY

    90.7650
    -0.4890 (-0.54%)
     

Warren Buffett Sounds Warning on This Hot Tech Stock

Warren Buffett Sounds Warning on This Hot Tech Stock

The move made sense: TSMC is the global leader in the business of manufacturing advanced chips. For customers like Apple that need hundreds of millions of cutting-edge chips each year, there is no viable alternative to TSMC right now. Just a few months after betting billions on TSMC, Buffett turned around and sold the bulk of Berkshire's holdings.