By Sherry Qin
Taiwan Semiconductor Manufacturing Co.'s unit has sold its remaining stake in Arm Holdings.
TSMC Partners sold 1.1 million Arm shares for a total of US$231 million, at US$207.65 a share, the world's largest contract chip maker said in an exchange filing on Wednesday.
The disposal resulted in a US$174 million impact on retained earnings.
TSMC initially invested around US$100 million in Arm during its initial public offering in 2023. It no longer holds any Arm shares following the transaction.
TSMC's shares were last down 0.2% at NT$2,210, while Arm's stock ended 8.0% lower at US$198.65.
Write to Sherry Qin at sherry.qin@wsj.com
(END) Dow Jones Newswires
April 29, 2026 00:49 ET (04:49 GMT)
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