Bermuda Post

Saturday, Apr 20, 2024

0:00
0:00

Warren Buffett Sells TSMC Shares Over Concerns About Taiwan's Stability

Warren Buffett's conglomerate Berkshire Hathaway has sold all of its shares in Taiwan Semiconductor Manufacturing Company (TSMC), citing concerns about the island's stability.
Buffett, who is known for his long-term investment horizon, said that he had been a "great admirer" of TSMC, but that he had "re-evaluated" the risks involved in investing in the company due to the ongoing tensions between China and Taiwan.

"I feel better about the capital that we've got deployed in Japan than in Taiwan," Buffett said in an interview with CNBC.

"I wish it weren't so, but I think that's the reality, and I re-evaluated that in the light of certain things that were going on."

The sale of TSMC shares by Berkshire Hathaway comes at a time of heightened tensions between China and Taiwan.

China has long claimed Taiwan as its own territory, and has vowed to take the island by force if necessary.

In recent years, China has stepped up its military activity around Taiwan, and has conducted a series of war games near the island.

The United States has pledged to help Taiwan defend itself, and has sent warships and aircraft to the region in a show of support.

The sale of TSMC shares by Berkshire Hathaway is a sign that investors are becoming increasingly concerned about the risks of investing in Taiwan.

The island's future is uncertain, and the possibility of a Chinese invasion is always present.

The sale of TSMC shares is also a blow to Apple, which is heavily reliant on the company for its chips.

Apple makes all of its iPhones and iPads using TSMC chips, and the company has no other major supplier for its processors.

It is unclear how Apple will respond to the loss of its major supplier.

The company could try to diversify its chip supply chain, but this would be a costly and time-consuming process.

Apple could also try to develop its own chip-making capabilities, but this would be a major undertaking.

The sale of TSMC shares by Berkshire Hathaway is a reminder of the risks that investors face when investing in Taiwan.

The island's future is uncertain, and the possibility of a Chinese invasion is always present..
Newsletter

Related Articles

Bermuda Post
0:00
0:00
Close
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Steve Jobs' Son Launches Venture Capital Firm With $200 Million For Cancer Treatments
Israel: Unprecedented Civil Disobedience Looms as IDF Reservists Protest Judiciary Reform
Google reshuffles Assistant unit, lays off some staffers, to 'supercharge' products with A.I.
End of Viagra? FDA approved a gel against erectile dysfunction
UK sanctions Russians judges over dual British national Kara-Murza's trial
US restricts visa-free travel for Hungarian passport holders because of security concerns
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Political leader from South Africa, Julius Malema, led violent racist chants at a massive rally on Saturday
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Spanish Citizenship Granted to Iranian chess player who removed hijab
US Senate Republican Mitch McConnell freezes up, leaves press conference
Speaker McCarthy says the United States House of Representatives is getting ready to impeach Joe Biden.
San Francisco car crash
This camera man is a genius
3D ad in front of Burj Khalifa
Next level gaming
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
'I just lost it' Lowe’s worker fired after 13 years of employment for confronting thieves trying to steal $2K of merchandise
The politician and the journalist lost control and started fighting on live broadcast.
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
Joe Biden admitted, in his own words, that he delivered what he promised in exchange for the $10 million bribe he received from the Ukraine Oil Company.
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
Europe is boiling: Extreme Weather Conditions Prevail Across the Continent
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Italian Court's Controversial Ruling on Sexual Harassment Ignites Uproar
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
×