Berkshire Bets Big on New York Times as AI Fears Recede

Buffett's firm makes multibillion-dollar investment in publisher, while Nvidia and Meta deepen AI chip partnership

Published on Feb. 21, 2026

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Wall Street is entering the final stretch of this batch of earnings as AI dominates stock conversations. US stock futures gained on Wednesday in a sign that AI fears are waning, as investors waited for a fresh batch of earnings and for Federal Reserve minutes to give insight into interest-rate cuts. Berkshire Hathaway made a new multibillion-dollar investment in The New York Times, seen as a vote of confidence in the publisher's strategy.

Why it matters

Berkshire's investment in the New York Times is a significant move, as the conglomerate had previously dumped holdings in dozens of newspapers in 2020. The investment is also one of Berkshire's last major decisions under Warren Buffett's leadership, as he has handed the reins to Greg Abel. Meanwhile, the easing of AI-related fears in the market suggests investors are regaining confidence in the technology's long-term impact on business models and corporate competition.

The details

Shares of The New York Times Co. (NYT) popped in premarket trading after Berkshire Hathaway (BRK-B, BRK-A) made a new multibillion-dollar investment in the publisher. The fourth quarter move was seen as a vote of confidence in the NYT's strategy from Berkshire, which had previously dumped holdings in dozens of newspapers in 2020. It's also one of Berkshire's last major decisions with Warren Buffett as CEO, after he handed the reins of the conglomerate to Greg Abel in January. Separately, shares of Nvidia (NVDA) rose in premarket trading as investors assessed fresh moves from the AI chip leader, including a boosted India AI build-out and the sale of its stake in chip tech firm Arm (ARM). The highlight is news that Meta (META) has agreed to buy millions of Blackwell and Rubin GPUs alongside other Nvidia processors in the next few years, deepening their multiyear, multi-generational partnership.

  • Berkshire Hathaway made the multibillion-dollar investment in The New York Times in the fourth quarter of 2025.
  • Warren Buffett handed the reins of Berkshire Hathaway to Greg Abel in January 2026.

The players

Berkshire Hathaway

A multinational conglomerate holding company headquartered in Omaha, Nebraska, and the company that made a multibillion-dollar investment in The New York Times.

The New York Times Co.

A media company that publishes The New York Times newspaper and other related properties. Berkshire Hathaway made a significant investment in the company.

Warren Buffett

The longtime CEO of Berkshire Hathaway who handed over the reins of the company to Greg Abel in January 2026.

Greg Abel

The new CEO of Berkshire Hathaway, taking over from Warren Buffett in January 2026.

Nvidia

A leading manufacturer of graphics processing units (GPUs) and other AI-focused chips, which is expanding its partnership with Meta.

Meta

The parent company of Facebook, which has agreed to buy millions of Nvidia's Blackwell and Rubin GPUs in a deepening of their multiyear, multi-generational partnership.

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What they’re saying

“Our MASSIVE Trade Deal with Japan has just launched! The scale of these projects are so large, and could not be done without one very special word, TARIFFS.”

— Donald Trump, Former U.S. President (Social media)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, Grocery employee (Instagram)

What’s next

Berkshire Hathaway's investment in The New York Times is seen as a vote of confidence in the publisher's strategy, and it will be interesting to see how the partnership develops in the coming years. Additionally, the deepening of the Nvidia-Meta partnership on AI chips is a significant development that could have broader implications for the technology industry.

The takeaway

Berkshire Hathaway's multibillion-dollar investment in The New York Times and the expanding Nvidia-Meta partnership on AI chips highlight the ongoing evolution of the media and technology landscapes. These moves suggest that investors and industry leaders see long-term potential in these sectors, even as concerns around AI's impact on business models continue to be debated.