TSMC shares jump after Berkshire Hathaway discloses big stake

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TAIPEI (Reuters) – TSMC’s Taiwan-listed shares opened up more than 4% on Tuesday after Warren Buffett’s Berkshire Hathaway (NYSE:BRKa) Inc said it had bought more than $4.1 billion of stock in the Taiwanese semiconductor maker.

The broader market was up around 1% shortly after opening.