How the U.S. War on Taiwanese Semiconductors Might Benefit Japan
BY VIJAY PRASHAD
Photograph Source: David Carron – CC BY-SA 3.0
On May 15, 2023, Berkshire Hathaway reported in a Form 13F filing to the U.S. Securities and Exchange Commission that it had completed the sale of its $4 billion stake in Taiwan Semiconductor Manufacturing Co (TSMC). This sale completed a process that began in February 2023, when Berkshire Hathaway announced that it sold 86 percent of its holdings in TSMC. In April, Berkshire Hathaway’s leader Warren Buffett told Nikkei that the geopolitical tension between the United States and China was “certainly a consideration” in his decision to divest from TSMC. TSMC told Nikkei, is a “well-managed company” but that Berkshire Hathaway would find other places for its capital.
At his May 6 ...