Warren Buffett has liquidated his investment company Berkshire Hathaway’s holdings in TSMC. According to the latest filing, Berkshire Hathaway has liquidated its stake in TSMC in the first quarter of this year, after significantly reducing its stake in TSMC by 86% in the fourth quarter of last year.
Berkshire Hathaway dropped more than $4 billion on TSMC last year, but has now lightning liquidated its holdings. Earlier this month, Warren Buffett was asked at a shareholders meeting why he had reduced his holdings in TSMC, and he bluntly stated that the location of TSMC was a major consideration in adjusting his investment strategy. Buffett said he preferred to allocate capital in Japan rather than Taiwan. He said, “I wish that wasn’t the case, but that’s the reality, and I reassessed it based on what was going on at the time.
But Buffett still praised TSMC as a remarkable company, one of the best managed and most important companies in the world, “no one in the chip industry can match it.
So far this year, TSMC’s U.S.-listed shares have risen nearly 14.5%.
