Warren Buffet sold 90% of his stake in TSMC a few weeks ago (Taiwan Semiconductor)
he bought in 3rd quarter of 2022 and sold a few months later in Feb 2023.
Shares of TSMC dropped 6% early Wednesday after Warren Buffett's Berkshire Hathaway dumped most of its stake just months after buying the Taiwanese chipmaker's stock.
The sale, which was disclosed in fourth-quarter 13F filings late Tuesday, made up roughly 86% of the Omaha-based firm's position.
It also marked an unusually quick turnaround for Buffett's company, which typically holds onto investments for years instead of a few months.
Berkshire Hathaway first revealed its $4.1 billion stake in TSMC on November 14. It's now down to about $618 million.
[link to markets.businessinsider.com
Shares of TSMC dropped 6% early Wednesday after Warren Buffett's Berkshire Hathaway dumped most of its stake just months after buying the Taiwanese chipmaker's stock.
The sale, which was disclosed in fourth-quarter 13F filings late Tuesday, made up roughly 86% of the Omaha-based firm's position.
It also marked an unusually quick turnaround for Buffett's company, which typically holds onto investments for years instead of a few months.
Berkshire Hathaway first revealed its $4.1 billion stake in TSMC on November 14. It's now down to about $618 million.
[link to markets.businessinsider.com
