Berkshire said on Monday it owns about 60.1 million American Depository Shares (ADS) of Taiwan Semiconductor. Published a new name according to the American company producing building materials Louisiana-Pacific and the company Jefferies Financial Group, which deals with financial services.
While Buffett’s firm rarely invests in technology, it often buys companies that have a significant market advantage, perhaps due to their size. TSMC is the largest producer of IP contracts in the world.
This quarter, TSMC reported an 80% increase in profit. Apple’s iPhone maker question also helped. It is by far Berkshire Hathaway’s largest investment. Buffett’s company has a stock portfolio, its current value is about $306.2 billion.
Assuming Berkshire knows the world can’t do without Taiwan Semi products, said analyst Tom Russo of Gardner, Russo & Quinn, which owns Berkshire stock. He just had to count companies until he had built up enough capital to make semiconductors, which are longer for people’s lives, he added.
