TSMC shares fall after Berkshire cuts stake By Reuters


© Reuters. FILE PHOTO: A logo of Taiwanse chip giant TSMC can be seen in Tainan, Taiwan December 29, 2022.REUTERS/Ann Wang

TAIPEI (Reuters) – Shares in Taiwan’s TSMC opened 3.3% lower on Wednesday after Warren Buffett’s Berkshire Hathaway (NYSE:) Inc slashed its stake in the chipmaker.

Berkshire cut its position in Taiwan Semiconductor Manufacturing Co Ltd (TSMC) by 86.2% to 8.29 million sponsored American depositary shares, a regulatory filing showed.

TSMC did not immediately respond to a request for comment.

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