Warren Buffett's Berkshire Hathaway sells entire stake in TSMC | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 59%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Warren Buffett’s conglomerate has sold its remaining shares in the world’s largest chipmaker, TSMC, after the “Oracle of Omaha” sounded alarms about its homebase of Taiwan.

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.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 326. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Warren Buffett's Berkshire Hathaway adds Capital One and these other stocks to holdingsWarren Buffett's Berkshire Hathaway made a slew of changes to its massive equity portfolio last quarter.
Bron: CNBC - 🏆 12. / 72 Lees verder »