TSMC to invest in Arm and Intel subsidiary IMS Nanofabrication

Monica Chen, Hsinchu; Jessie Shen, DIGITIMES Asia Wednesday 13 September 2023 0

Credit: DIGITIMES

TSMC's board of director has approved plans to invest up to US$100 million in Arm, based on Arm's IPO share price. Separately, the board approved the purchase of a minority stake in Intel's IMS Nanofabrication business for up to US$432,8 million.

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