TSMC participated in the 2022 Corporate World Cup and defeated more than 20 large companies including Tesla. In the finals, it narrowly lost to Berkshire Investments, a subsidiary of Warren Buffett.

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(Reuters)

[Instant News/Comprehensive Report] While the 2022 Qatar World Cup is in full swing, the well-known American financial media "CNBC" imitated the World Football competition system and invited 32 large companies from all over the world to participate in the "Enterprise World Cup" held by them , Taiwan's TSMC is also on the invitation list, and has made it all the way to the finals, but lost after a duel with the stock god Buffett.

The well-known American financial media "CNBC" imitated the World Football competition system and held the 2022 Corporate World Cup.

(Picture taken from @CNBCi Twitter)

"CNBC" recently held the 2022 Stock World Cup (Stock World Cup 2022), which is modeled on the World Cup system, inviting 32 large companies around the world and dividing them into 16 groups to compete with each other. The participating teams include Apple, Tencent, LV, Netflix, Softbank, JPMorgan Chase, Samsung and other large companies, and Taiwan's TSMC are also on the invitation list.

Please read on...

The organizer also specially invited financial experts from all over the world, and asked them to evaluate "which company can bring investors a greater total return in the next 12 months".

As Taiwan’s representative team, TSMC first defeated Nvidia in the top 32 in the first round, then defeated Alibaba in the top 16, and still won against Tesla in the top 8. Defeated the strong enemy Nintendo (Nintendo) in the top 4 and successfully advanced to the finals.

But in the finals, TSMC lost to Berkshire Hathaway, a subsidiary of Warren Buffett, and finally won the second place in the competition.

According to "CNBC", this competition started on November 7th, and this is the first time they have held this type of competition. The purpose is purely for entertainment and is not suitable for professional investment advice.

In CNBC's Stock World Cup challenge, Margaret Patel of @Allspring Global Investments gives her take on whether TSMC or Berkshire Hathaway is a better bet in giving investors a greater total return in the next year. #WorldCup #WorldCup2022 pic.twitter.com/OJo8xMCFuE

— CNBC International (@CNBCi) December 16, 2022

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