TSMC Fully Exits Arm Holdings Investment
Taiwan Semiconductor Manufacturing Company (NYSE:TSM), widely known as TSMC, confirmed on Wednesday that it has completely exited its investment in Arm Holdings (NASDAQ:ARM).
$231 Million Share Sale Finalizes Exit
According to a filing with the Taiwan Stock Exchange, TSMC—through one of its subsidiaries—sold 1.11 million Arm shares at a price of $207.65 per share, generating total proceeds of approximately $231 million. Following this transaction, the company no longer holds any stake in Arm.
Earlier Interest in Acquiring Arm
TSMC had previously shown interest in acquiring Arm when its parent company, SoftBank Group (TYO:9984), explored a potential sale earlier in the decade. However, TSMC stepped back after SoftBank reached an agreement with NVIDIA Corporation (NASDAQ:NVDA). That deal ultimately collapsed in 2022 due to regulatory challenges.
Investment Through Arm’s IPO
TSMC initially invested up to $100 million in Arm’s 2023 initial public offering. In 2024, the company had already reduced its position by selling 850,000 shares for roughly $102 million.
Strong Returns Driven by Arm Stock Surge
With Arm’s stock price more than doubling since its IPO, TSMC’s gradual divestment allowed it to effectively recover its full initial investment. The latest sale marks the final step in its complete exit from the British chip designer.
