Taiwanese officials are trying to tone down alarmist comments made by U.S. investment gurus and policymakers about the risks of a clash with China, risks that are now clouding the island’s security, its business climate and the future of one of its best-known corporate giants.
The hearing came in the wake of new warnings of geopolitical risk Saturday by Berkshire Hathaway Chairman and CEO Warren Buffett, and the apocalyptic suggestion by a Massachusetts congressman that theshould consider bombing the chip-making operations of Taiwan Semiconductor, the undisputed world leader in the industry, in the event of a Chinese invasion.
Mr. Buffett, the famous investor, said the Taiwanese semiconductor company was a long-term investment gamble simply because of its location. “Taiwan Semiconductor is one of the best-managed companies and important companies in the world, and you’ll be able to say the same thing five, 10, or 20 years from now,” Mr. Buffett said during Berkshire Hathaway’s annual shareholders’ meeting. “I don’t like its location, and re-evaluated that.”
Taiwan Semiconductor, also known as TSMC, is the world’s leading supplier of leading-edge non-memory chips. Chips are at the heart of the digital economy, making TSMC a strategic node in global value chains at a time when Washington is seeking to wallMr. Buffett is famous for being an investor for the long term. However, after acquiring $4 billion worth of shares in TSMC last year, he divested most of it within three months,“It’s a marvelous company,” said the “Oracle of Omaha.
In January of this year, U.S. Air Force General Mike Minihan warned in a leaked letter to his troops that they must be prepared for a conflict with
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