Renowned American investor Warren Buffett has just dumped billions of dollars worth of stock for a Taiwanese chipmaker as fears mount that Communist China is preparing to invade the island nation.
The move comes as experts are increasingly warning that a Chinese invasion of Taiwan is now imminent.
Buffett purchased a large stake in a Tawainese chipmaker.
However, he has just sold his stake, provoking speculation that the investment mogul knows an invasion is looming.Buffett stated that a key reason for this swift turnaround was due to his concerns that China will invade the island nation.Reuters reported this week: Warren Buffett called geopolitical tensions “a consideration” in Berkshire Hathaway Inc’s (BRKa.N) decision to sell most of its stake in Taiwanese chipmaker TSMC (2330.TW) just a few months after buying it, Nikkei reported on Tuesday. Berkshire had bought more than $4.1 billion of Taiwan Semiconductor Manufacturing Co’s shares between July and September 2022, […]
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