Warren Buffett discloses $4.1 billion TSMC stake (3 min read)
Buffett's Berkshire Hathaway said it bought more than $4.1 billion worth of stock in Taiwan Semiconductor Manufacturing (TSMC) in the last quarter. TSMC is one of the world’s largest chipmakers, making chips for companies like Apple, Qulacomm, and Nvidia. Shares of TSMC jumped nearly 8% on Tuesday after the news. Berkshire usually does not have a huge stake in technology, but it often prefers companies that it believes to have a competitive advantage through their size.