Warren Buffett’s Berkshire Hathaway Inc. (BRK.A, BRK.B) recently announced that it had purchased a $4.1 billion stake in Hsinchu City, Taiwan-based semiconductor chip giant Taiwan Semiconductor Manufacturing Company Limited (TSM). BRK.A acquired about 60 million American depository shares of TSM in the three months ended September.
With a $414.52 billion market capitalization, TSM manufactures, packages, tests, and sells integrated circuits and other semiconductor devices globally. The super-advanced semiconductor chips that TSM produces are difficult to make due to their high development costs.
