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Taiwan chip giant TSMC to invest up to $100 million in Arm IPO

Taiwan chip giant TSMC to invest up to $100 million in Arm IPO

TSMC is the top producer of the world’s most advanced processors, including the chips found in the latest iPhones, iPads and Macs.

Jakub Porzycki | Nurphoto | Getty Images

TSMC, the world’s largest contract chipmaker, said on Tuesday its approved an investment in Arm of up to $100 million when the British semiconductor designer goes public.

Arm’s initial public offering is slated for this week in the U.S. with shares being priced between $47 and…


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