Super Micro Shares Slide After Taiwan Raids Over Alleged Nvidia AI Chip Smuggling Probe 
Open-Source AI Models Gain Ground as Enterprises Seek Lower-Cost Alternatives, Citi Says 
UBS Raises TSMC Price Target to T$3,400 on Strong AI Chip Demand Outlook 
China Expands Export Controls, Adds 20 Japanese Companies to Restricted List 
Samsung, SK Hynix to Unveil $1.3 Trillion AI and Semiconductor Investment Plan 
OpenAI May Delay IPO to 2027 Amid $1 Trillion Valuation Goal 
Firmus Partners With Nvidia to Deliver 170,000 AI GPUs in $30 Billion Cloud Infrastructure Deal 
Baidu Shares Rally as Kunlunxin Eyes $50 Billion Hong Kong IPO 
Doncasters Raises $919 Million in NYSE IPO as Aerospace Growth Accelerates 
Trump Urges Gasoline Retailers to Cut Prices to $2.50 Per Gallon, Warns of Legal Action 
Morgan Stanley Raises Tesla Q2 Delivery Forecast on Strong Europe and China Demand 
Baige Online Shares Soar 333% in Hong Kong IPO Debut as AI Insurance Demand Lifts Chinese Listings 
US Seizes Nearly 400 Illegal World Cup Streaming Domains in Global Anti-Piracy Crackdown 
SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
Italy Investigates Microsoft Over Microsoft 365 AI Subscription Price Hike 
Samsung, SK Hynix to Unveil Record AI and Semiconductor Investment Plans Worth Over $646 Billion 
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading contract chipmaker, has officially divested its remaining stake in Arm Holdings, marking the end of its investment in the UK-based chip designer. According to a recent company filing released Wednesday, TSMC completed the sale through its subsidiary, TSMC Partners, offloading 1.11 million Arm shares between April 28 and April 29 at an average price of $207.65 per share. The transaction generated approximately $231 million in proceeds.
The move had a notable financial impact, contributing around $174 million to TSMC’s retained earnings. Following this latest disposal, the semiconductor giant no longer holds any shares in Arm, signaling a complete exit from the investment. The company described the transaction as part of a broader equity investment disposal strategy, aligning with its ongoing portfolio optimization efforts.
TSMC initially invested roughly $100 million in Arm during the chip designer’s initial public offering (IPO) in 2023, purchasing shares at $51 each. This investment was made alongside several strategic partners, highlighting industry confidence in Arm’s long-term growth potential. However, TSMC has been gradually reducing its position over time. In 2024, it sold 850,000 shares at $119.47 each, generating about $102 million, based on earlier disclosures.
The timing of TSMC’s full exit comes as Arm shares experienced volatility, with the stock declining 7.98% on Tuesday. Despite the recent dip, Arm’s share price remains significantly higher than its IPO level, suggesting that TSMC capitalized on strong market performance to secure substantial returns.
This development underscores TSMC’s strategic approach to managing investments while maintaining its core focus on semiconductor manufacturing. As the global chip industry continues to evolve, TSMC’s decision reflects a shift toward prioritizing operational efficiency and capital allocation in a competitive market landscape.
