© Reuters. FILE PHOTO: A smartphone with a displayed TSMC (Taiwan Semiconductor Manufacturing Company) logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration//File Photo
TAIPEI (Reuters) – 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 (NASDAQ:) for up to $432.8 million, the statement said.
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