Tag: chip demand

Here you will find all the articles with the tag: chip demand.

Samsung quarterly profit expected to be 80 percent lower

Samsung quarterly profit expected to be 80 percent lower

Samsung's third-quarter profit is down about 80 percent compared to last year, according to analysts. One major cause is the continued reduction in demand for chips, which is normally the South Korean tech conglomerate's cash cow. Reuters reports that Samsung's quarterly profit is expected to co... Read more

date7 months ago
Berkshire Hathaway acquires $4.1 billion stake in TSMC

Berkshire Hathaway acquires $4.1 billion stake in TSMC

Berkshire Hathaway announced the acquisition of a $4.1 billion stake in Taiwan Semiconductor Manufacturing (TSMC), marking one of the conglomerate's first major steps into the chip industry. The announcement lifted investor optimism for TSMC, which saw its shares hit a two-year low last month du... Read more

date1 year ago

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