Buffett's Berkshire discloses big Taiwan Semi stake

Louisiana-Pacific

14/11/2022 21:25

Nov 14 (Reuters) - Berkshire Hathaway Inc  BRKa.N  said
it bought more than $4.1 billion of stock in Taiwan
Semiconductor Manufacturing Co  2330.TW , a rare significant
foray into the technology sector by billionaire Warren Buffett's
conglomerate.
    In a Monday regulatory filing describing its U.S.-listed
equity investments as of Sept. 30, Berkshire said it owned about
60.1 million of Taiwan Semiconductor's American depositary
shares.
    Berkshire also disclosed new, smaller stakes in building
materials company Louisiana-Pacific Corp  LPX.N  and the
financial services company Jefferies Financial Group Inc
 JEF.N .
 (Reporting by Jonathan Stempel in New York; Editing by Leslie
Adler)
 ((jon.stempel@thomsonreuters.com; +1 646 223 6317; Reuters
Messaging: jon.stempel.thomsonreuters.com@reuters.net))