The move by Buffett’s Berkshire Hathaway was revealed in 13-F filings, which showed several other big funds had poured in millions in the Taiwanese chipmaker
Defence minister Chiu Kuo-Cheng says Taiwan would not tolerate the destruction of TSMC's facilities to deter an attack by China, as some US strategists have suggested
But TSMC is said to be concerned about rules that could require it to share profits from the factories and provide detailed information about operations to access those subsidies
The investment mogul described the Taiwanese chipmaker as a well-managed company, but said his investment group had better places to deploy capital
Industry sources say TSMC and other chipmakers fear the US Chips Act subsidy process could expose confidential corporate strategy
"There's no question in my mind that, in the chip sector, globalisation is dead," TSMC’s retired founder Morris Chang said
The world's largest contract chipmaker is diversifying and has new plants planned in the US, Japan, and possibly in Germany.
The decision by the world’s largest contract chipmaker could help Japan revive its advanced semiconductor manufacturing
Some TSMC staff said they were reluctant to move to the US due to “potential culture clashes” and concerns around “difficult to manage” American workers
Berkshire's investors are still trying to figure out why Buffett decided to sell most of its stake in the chipmaker
It is rare but not unprecedented for Berkshire to quickly undo a multi-billion dollar investment in a company's stock
Taiwanese chipmaker enjoyed a record net profit of $9.72 billion for the October-December quarter