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TSMC to Invest up to $100M in Arm IPO / Buys $432.8M Interest in IMS Nanofabrication Global from Intel

Daniel Nenni

Admin
Staff member
TSMC Logo.jpg


TSMC Special Board of Directors Meeting Resolutions

HSINCHU, Taiwan, R.O.C., Sep. 12, 2023 – TSMC (TWSE: 2330, NYSE: TSM) today held a
special meeting of the Board of Directors, which passed the following resolutions:

1. Approved the purchase of 10% equity interest in IMS Nanofabrication Global, LLC from Intel
Corporation for an amount not exceeding US$432.8 million.

2. Approved an investment in Arm Holdings plc in an amount not exceeding US$100 million based
on Arm’s share price at IPO.

About TSMC
TSMC pioneered the pure-play foundry business model when it was founded in 1987, and has been
the world’s leading dedicated semiconductor foundry ever since. The Company supports a thriving
ecosystem of global customers and partners with the industry’s leading process technologies and
portfolio of design enablement solutions to unleash innovation for the global semiconductor industry.
With global operations spanning Asia, Europe, and North America, TSMC serves as a committed
corporate citizen around the world.

TSMC deployed 288 distinct process technologies, and manufactured 12,698 products for 532
customers in 2022 by providing broadest range of advanced, specialty and advanced packaging
technology services. The Company is headquartered in Hsinchu, Taiwan. For more information please
visit https://www.tsmc.com.

# # #

TSMC Spokesperson:
Wendell Huang
Vice President and CFO
Tel: 886-3-505-5901

Media Contacts:
Nina Kao
Head of Public Relations
Tel: 886-3-5636688 ext.7125036
Mobile: 886-988-239-163
E-Mail: nina_kao@tsmc.com

Baker Li
Public Relations
Tel: 886-3-5636688 ext.7125037
Mobile: 886-988-932-757
E-Mail: baker_li@tsmc.com
 
View attachment 1435

TSMC Special Board of Directors Meeting Resolutions

HSINCHU, Taiwan, R.O.C., Sep. 12, 2023 – TSMC (TWSE: 2330, NYSE: TSM) today held a
special meeting of the Board of Directors, which passed the following resolutions:

1. Approved the purchase of 10% equity interest in IMS Nanofabrication Global, LLC from Intel
Corporation for an amount not exceeding US$432.8 million.

2. Approved an investment in Arm Holdings plc in an amount not exceeding US$100 million based
on Arm’s share price at IPO.

About TSMC
TSMC pioneered the pure-play foundry business model when it was founded in 1987, and has been
the world’s leading dedicated semiconductor foundry ever since. The Company supports a thriving
ecosystem of global customers and partners with the industry’s leading process technologies and
portfolio of design enablement solutions to unleash innovation for the global semiconductor industry.
With global operations spanning Asia, Europe, and North America, TSMC serves as a committed
corporate citizen around the world.

TSMC deployed 288 distinct process technologies, and manufactured 12,698 products for 532
customers in 2022 by providing broadest range of advanced, specialty and advanced packaging
technology services. The Company is headquartered in Hsinchu, Taiwan. For more information please
visit https://www.tsmc.com.

# # #

TSMC Spokesperson:
Wendell Huang
Vice President and CFO
Tel: 886-3-505-5901

Media Contacts:
Nina Kao
Head of Public Relations
Tel: 886-3-5636688 ext.7125036
Mobile: 886-988-239-163
E-Mail: nina_kao@tsmc.com

Baker Li
Public Relations
Tel: 886-3-5636688 ext.7125037
Mobile: 886-988-932-757
E-Mail: baker_li@tsmc.com

From the investment amount at these two companies, IMS and ARM, it seems that TSMC believes IMS is much more important than ARM to TSMC's future.
 
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