Buffett Berkshire Reveals Major Changes to Stock Portfolio, Increases Apple Holdings
Billionaire Warren Buffett’s company increased its already significant Apple investment at the end of last year, while reducing a fresh investment in computer chip producer Taiwan Semiconductor and two long-standing bank holdings. In records filed with the Securities and Exchange Commission on Tuesday, Berkshire Hathaway Inc. disclosed major modifications to its stock portfolio. Because of…
Broadcom Stock to be Hurt by Apple’s Departure?
Apple has a history of severing ties with chipmakers. For example, in 2020, it replaced Intel processors in MacBook Air computers and other items with its own M1 chips. Broadcom could be the next to go. Apple [AAPL] is rumored to be dropping California-based chipmaker Broadcom [AVGO] by 2025 in order to produce more of…