in quarterly profit last month, but struck a more cautious note than usual on upcoming demand.
"I suspect Berkshire has a belief that the world cannot do without the products manufactured by Taiwan Semi," said Tom Russo, a partner at Gardner, Russo & Quinn in Lancaster, Pennsylvania, which owns Berkshire shares. "Only a small number of companies that can amass the capital to deliver semiconductors, which are increasingly central to people's lives," he added.Its more than six-year wager during the last decade in IBM Corp
did not pan out, but Berkshire is sitting on huge unrealized gains on its $126.5 billion stake in Apple, which Buffett views more as a consumer products company.Berkshire disclosed the TSMC stake about 2-1/2 months after it began
My father bought it at 61.55. Lucky!
maybe they can finnish the US factroy before Taiwan fall!
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Source: Reuters - 🏆 2. / 97 Read more »