TSMC Shrugs Off Buffett Exit and Taiwan Tensions As Investors Bet on Chipmaker's AI Dominance
• TSMC's stock has rallied recently despite Buffett selling his $5 billion stake due to Taiwan tensions • Investors are betting on TSMC's dominance in advanced chips for AI and its long-term growth potential • Geopolitical risks remain for TSMC due to its high concentration of chipmaking in Taiwan • The company aims to diversify operations with new plants in Japan, Germany, and Arizona • TSMC's revenue has continued growing due to robust demand for chips powering AI, offsetting slowing iPhone sales