Buffett Berkshire Hathaway sharply reduced its stake in TSMC, selling more than 80%

April 13 news, according to foreign media reports, Berkshire Hathaway, headed by Warren Buffett, has invested heavily in technology stocks in recent years, buying shares of companies such as Apple and holding them for a long time.

According to the latest foreign media reports, the technology stocks bought by Berkshire Hathaway also include the shares of TSMC, the world's largest wafer foundry, but they do not seem to have long-term ideas and have sold most of them.

Foreign media reported that in filings with the Securities and Exchange Commission, Berkshire Hathaway disclosed that its American depositary shares in TSMC had dropped to 8.3 million, currently worth about $618 million (currently about 4.252 billion yuan).

In the documents submitted in November last year, Berkshire Hathaway held about 60 million American depositary shares in TSMC, worth about $4.1 billion (CTOnews.com Note: currently about 28.208 billion yuan).

Foreign media reported that it is extremely rare for Buffett and Berkshire Hathaway to buy shares of a company and sell most of them in just a few months. They usually make long-term investments and will not sell a lot in the short term.

In the report, foreign media also mentioned that although he sold most of the TSMC shares he had previously bought, Buffett was optimistic about TSMC, calling them a company with excellent management. however, he also revealed that Berkshire Hathaway has a better place to allocate capital.