Berkshire Hathaway Purchases $4.1 Billion in TSMC in Rare, Significant Foray Into Tech Sector

Berkshire Hathaway Purchases $4.1 Billion in TSMC in Rare, Significant Foray Into Tech Sector

ByNews Polite

Berkshire Hathaway said it bought more than $4.1 billion (roughly Rs. 33,212 crore) of stock in Taiwan Semiconductor Manufacturing, a rare significant foray into the technology sector by billionaire Warren Buffett’s conglomerate. The news sent shares in TSMC soaring, closing up 7.9 percent in Taiwan on Tuesday, as it boosted…