Buffett's Berkshire Hathaway discloses $4.1 billion TSMC stake

in quarterly profit last month, but struck a more cautious note than usual on upcoming demand.

The logo of Taiwan Semiconductor Manufacturing Co is pictured at its headquarters, in Hsinchu, Taiwan, January 19, 2021. REUTERS/Ann Wang/File Photo "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

Oligarchs are criminal looters. WEALTH TAX

Why not invest in Micron or AMD? You know....American companies. All eggs are in one basket with Taiwan.

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Buffett's Berkshire discloses big Taiwan Semi stakeBerkshire Hathaway Inc said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing Co , a rare significant foray into the technology sector by billionaire Warren Buffett's conglomerate. 'What impelled you to make a trip together to China in 1995?' Well, wwiii will be over TSMC. That writing has been on the wall for years Right on the heels of new US Foreign Policy targeting Chinese tech.
Source: Reuters - 🏆 2. / 97 Read more »