TSMC Sold Remaining Stake in Arm Holdings

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 01:04 ET (05:04 GMT)

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