Taiwan Semiconductor reported a weak quarter as the semiconductor sector remains under pressure.The chip company continues to aggressively invest on signs of a chip bottom and signals from customers of strong future demand.Warren Buffett sold shares on geopolitical fears, yet signs suggest Berkshire should’ve loaded up on cheap shares.The stock is cheap at 13x ’24 EPS targets.
Taiwan Semiconductor Stock: Buffett Should’ve Bought More (NYSE:TSM)
Taiwan Semiconductor reported a weak quarter as the semiconductor sector remains under pressure.The chip company continues to aggressively invest on signs of a chip bottom and signals from customers of strong future demand.Warren Buffett sold shares on geopolitical fears, yet signs suggest Berkshire should’ve loaded up on cheap shares.The stock is cheap at 13x ’24 EPS targets.