TSMC shares fall after Berkshire cuts stake

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)