TSMC shares fall after Berkshire cuts stake
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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 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.
(Reporting by Faith Hung; Editing by Christopher Cushing)
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