CMC Magnetics Buys TSMC Shares Worth NT$385 Million; Shares Gain 3%

MT Newswires Live

2025/12/12

CMC Magnetics (TPE:2323) acquired 260,000 shares of Taiwan Semiconductor Manufacturing (TPE:2330) for NT$385.3 million, according to a Thursday filing.

Shares gained over 3% in Friday's late afternoon trade.

The shares were bought at an average price of NT$1,481.74 between Dec. 8 and Dec. 11, the optical data storage media manufacturer said.

Following the purchase, CMC Magnetics holds 747,000 TSMC shares worth about NT$1.04 billion, representing a 0.003% stake.

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