Taiwan Government Looks to Protect TSMC Tech from US — Report

Warren Buffett Dumps 86% of TSMC Shares

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Warren Buffett’s holding company, Berkshire Hathaway, cut its position in TSMC by 86%, according to a CNN report citing a regulatory filing. The investment firm also purchased additional Apple stock. It’s not clear whether Berkshire dumped TSMC stock because it expects softening demand for consumer electronics and personal computers, or because it’s concerned about increased risks of China invading Taiwan, which would threaten the value of the world’s largest contract maker of chips. 

Berkshire Hathaway Dumps TSMC

According to a report from Reuters, Berkshire Hathaway held $4.1 billion in 60 million American depository shares of TSMC stock last November after increasing its positions significantly. After selling 86% of its shares, the company now holds 8.3 million American depository shares, worth $618 million, according to its disclosure to the SEC. TSMC’s stock fell by 4% on Wednesday, after the filing was made.

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