Future Tech

TSMC to invest up to $100 million in Arm Holdings' IPO

Tan KW
Publish date: Tue, 12 Sep 2023, 08:51 PM
Tan KW
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Future Tech

TAIPEI - TSMC, the world's largest contract chipmaker, said it would invest up to $100 million in Arm Holdings Plc's initial public share offering (IPO), it said on Tuesday.

The company also agreed to purchase 10% equity interest in IMS Nanofabrication Global, LLC from Intel Corp for up to $432.8 million, the statement said.

 


  - Reuters

 

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