$AMD(AMD)$ Buffett's purchase into tsmc is likely to send the stock higher. But there could also be some spillovers to the broader chip industry as well. In my view，AMD, NVDA might see a near term bounce. I remain optimistic on the chip makers, including the fabless players, even as the industry battles the chip glut issue.
Unfortunately my shares of tsmc will likely be called away soon as optimism returns for the stock. But that essentially is the downside of selling calls. Even so I will still eke out a profit, just that will be losing a great quality company at a slightly cheap valuation.
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