Berkshire Hathaway Sheds Most of Its Stake in Chip Maker TSMC

Warren Buffett’s Berkshire Hathaway Inc. sold billions of dollars worth of shares in a Taiwanese chip maker just months after taking a stake in the company.

The Omaha, Neb.-based conglomerate cut its position in Taiwan Semiconductor Manufacturing Co. by 51.8 million shares in the last three months of 2022, according to a regulatory filing Tuesday. That was roughly 86% of its investment.