TSMC Sold Remaining Stake in Arm Holdings

Dow Jones
Yesterday
 

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)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10