(New York News) Berkshire Hathaw, a subsidiary of stock god Buffett, thoroughly cleared TSMC in the first quarter, but the two other hedge funds in the United States increased their holdings, reflecting the investors' leaders in this wafer foundry leaderThere are different opinions.
According to Bloomberg, the disclosure documents showed that Berkshire was released in the first quarter of this year after the end of last year to reduce holdings of TSMC stock by 86%at the end of last year.
Buffett said TSMC is the "great company", which is one of the best and most important companies in the world. He explained at the annual shareholders' meeting earlier this month that the reduction of TSMC was mainly dueTight situations of concerns.At that time, his reduction of holdings caused TSMC's stock price to plummet. Suddenly, the clearance was in sharp contrast to the movement of the Tiger Global Management Fund and the Coatue Management Fund.
According to the latest submitted documents, the above two companies increased their holdings of TSMC in the first quarter.TSMC is the largest new acquisition of them during this period.
TSMC's stock price rose 1.92%in Taipei on Tuesday (May 16) to close NT $ 505 (S $ 21.89).
Since the eight -month high in February, TSMC's stock price has lost power because of weak global electronics demand, excess inventory and geopolitical risks have damaged market emotions.TSMC maintained annual capital expenditure goals last month, indicating that after consolidating its determination to lead its leading position in the field of advanced semiconductors, investors are paying close attention to signs of recovery.
