Warren Buffett's first big semiconductor investment in his career is also a bet on Apple's future

Taiwan Semi is the exclusive chip supplier for Apple, the largest stock in Berkshire's portfolio by far.

Warren Buffett this week disclosed his first significant investment in semiconductors in his long career, and the value pick is seen as a way to double down on his No.1 stock — Apple . Berkshire Hathaway built a new, $4.1 billion stake in Taiwan Semiconductor in the third quarter, becoming the biggest holder of the Taiwanese chipmaker's American depositary receipts.

Even after the Buffett bounce, shares of Taiwan Semi are still down more than 30% this year as semiconductors slowed down and political tension in the South China Sea mounted. The U.S. is seeking to reduce reliance on Taiwan for chip supplies and cut off China from American-made chips. "I think Buffett betting on Taiwan Semi is really his view and it's our view that at least for now, the bark is worse than the bite in terms of political tensions," Ives said. "The reality is ..

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