TSMC shares jump after Berkshire Hathaway discloses big stake

FILE PHOTO: Taiwan Semiconductor Manufacturing Company (TSMC) plant

TAIPEI (Reuters) – TSMC’s Taiwan-listed shares opened up more than 4% on Tuesday after Warren Buffett’s Berkshire Hathaway Inc said it had bought more than $4.1 billion of stock in the Taiwanese semiconductor maker.

The broader market was up around 1% shortly after opening.

(Reporting by Ben Blanchard; Editing by Himani Sarkar)

Reuters

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