In a Monday filing, Berkshire Hathaway\n \n disclosed that it was no longer holding a stake in Taiwan Semiconductor Manufacturing Company\n \n as of the end of the first quarter. In recent weeks, Buffett had repeatedly expressed concerns over the future of Taiwan, the self-governed democratic island where
, which were purchased for $4.1 billion just months before. The quick sale was considered unusual because Buffett is known for making longer term bets. Asked to explain his decision on an analyst call this month, the billionaire said: “I don’t like its location, and I’ve reevaluated that.” “I feel better about the capital that we’ve got deployed in Japan than in Taiwan,” the Berkshire Hathaway chairman added. “I wish it weren’t sold, but I think that’s a reality.
is considered a national treasure in Taiwan, supplying semiconductors to global tech giants including Apple\n \n and Qualcomm\n \n . It mass produces the most advanced semiconductors in the world, components that are vital to the smooth running of everything from smartphones to washing machines. The firm is the world’s largest chip manufacturer, according to Gartner. It’s also one of the world’s most valuable listed companies, with a market capitalization of 12.
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