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 firm, Berkshire Hathaway, minimize its place in TSMC by 86%, in accordance with a CNN report citing a regulatory submitting. The funding agency additionally bought further Apple inventory. It is not clear whether or not Berkshire dumped TSMC inventory as a result of it expects softening demand for shopper electronics and private computer systems, or as a result of it is involved about elevated dangers of China invading Taiwan, which might threaten the worth of the world’s largest contract maker of chips. 

Berkshire Hathaway Dumps TSMC

In accordance with a report from Reuters, Berkshire Hathaway held $4.1 billion in 60 million American depository shares of TSMC inventory final November after growing its positions considerably. After promoting 86% of its shares, the corporate now holds 8.3 million American depository shares, price $618 million, in accordance with its disclosure to the SEC. TSMC’s inventory fell by 4% on Wednesday, after the submitting was made.

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