The move will allow the chipmakers, which include Samsung, SK Hynix and TSMC, to continue to import US chipmaking tools to China for use in their existing fabs in the country

"The process of diversifying in different geographies is an excellent strategy by TSMC and so TSMC is now part of Nvidia's diversity and redundancy strategy," chief Jensen Huang said

The move by Buffett’s Berkshire Hathaway was revealed in 13-F filings, which showed several other big funds had poured in millions in the Taiwanese chipmaker

The billionaire, who recently slashed his multi billion-dollar stake in Taiwanese chipmaker TSMC, said he was 'pleasantly surprised' at the progress of recent Japanese investments

US intelligence director Avril Haines gave that estimate of global economic impact to the Senate Armed Services panel, noting that Taiwan's TSMC is the world's biggest maker of advanced chips

But TSMC is said to be concerned about rules that could require it to share profits from the factories and provide detailed information about operations to access those subsidies

The investment mogul described the Taiwanese chipmaker as a well-managed company, but said his investment group had better places to deploy capital

Analysts say China's latest military drills, held from Saturday to Monday, show Beijing is serious about being able to cut off the democratically ruled island in a conflict

China faces a shortage of an estimated 200,000 industry workers this year, a problem that has become even more critical in face of intensified US chip rivalry

"There's no question in my mind that, in the chip sector, globalisation is dead," TSMC’s retired founder Morris Chang said

A former US security adviser said China would be able to "control the world economy" if it took over Taiwan’s chip factories

Semiconductor powerhouses Taiwan, the United States, Japan and South Korea held a video meet to discuss supply chain resilience