NEW YORK ( TheStreet) -- Warren Buffett revealed earlier today that he spent more than $10 billion for a stake in software-services company IBM ( IBM), his first investment in a technology company. And now a regulatory filing shows he made another bet on tech: chipmaker Intel ( INTC).IBM is Berkshire Hathaway's ( BRK.A) second-largest holding, pushing Wells Fargo ( WFC) to the No. 3 spot. Coca-Cola ( KO) is his conglomerate's biggest investment.
6. IBM ( IBM) Company Profile: IBM offers technology and business services in addition to developing operating system software. Buffett's Investment: The hedge fund bought 32.5 million shares of IBM during the third quarter, bringing his total investment to 57.4 million shares valued at $10 billion as of Sept. 30. Subsequent to the third quarter, Buffett bought more shares for a total of 64 million worth $10.7 billion. Share Price Performance: Since the end of March, when Buffett began buying, the stock is up 15%. The stock reached a new 52-week high Oct. 14. At an average purchase price of $170, Buffett probably took advantage of a dip in mid-August when Moody's downgraded U.S. debt.