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Warren Buffett wins again: Berkshire Hathaway's investment in Alphabet has unrealized gains of approximately $1.4 billion.
Warren Buffett's Berkshire Hathaway has made substantial gains from its investment in Alphabet. The company invested about $4.3 billion in Alphabet shares in the third quarter while reducing its stake in Apple.
According to the documents submitted in November, Berkshire held approximately 17.8 million shares of Alphabet, which had a market value of about $4.3 billion at that time. Based on the current stock price of around $320, these shares are worth nearly $5.7 billion, resulting in an unrealized gain of approximately $1.4 billion.
Recently, Alphabet's stock price has been rising continuously, following reports that Meta is evaluating Google’s TPU (Tensor Processing Unit) as a replacement for NVIDIA chips to power its artificial intelligence systems. According to Yahoo Finance statistics, Alphabet's stock price has increased by about 24% in the past month and approximately 70% year-to-date.
Berkshire's investment demonstrates its strategic positioning ability in the tech stock sector and highlights Buffett's sound judgment in selecting long-term value stocks.