Warren Buffett, the 92-year-old head of Berkshire Hathaway, dumped a $4.1 billion stake in Taiwan Semiconductor Manufacturing (TSMC) in less than a quarter “in part owing to the risk of war in the island nation,” Forbes reported.
Yet the legendary investor himself explained the decision because “I don’t like its location, and I’ve reevaluated that.”
“I feel better about the capital that we’ve got deployed in Japan than in Taiwan.” the billionaire added. “I wish it weren’t sold, but I think that’s a reality.”
Additionally, Republican Senator from Alabama Tommy Tuberville has reportedly purchased put orders on the stock, betting that TSMC stock will drop soon, according to Quiver Quantitative.
With “The Oracle of Omaha” selling all of his TSMC stock and the US Senator buying puts on it, many are already starting to wonder if a war is about to break out.
Analysts expect that just a single missile strike on TSMC’s most advanced chip fabrication facility could easily cause hundreds of billions of dollars of damage to the global economy.
Earlier, four-star General Mike Minihan also warned on NBC News in January that “my gut tells me [we] will fight in 2025.”
The writing seems to be on the wall.