TSMC Divests 152 Million VIS Shares for NT$24.4 Billion
NQ Score
95/100
AI Summary (NQ-processed)
TSMC sold 152 million shares of Vanguard International Semiconductor (VIS) at NT$160.6 per share, totaling NT$24.411 billion. The company estimates a profit of NT$63.202 billion, which includes gains from re-measuring its remaining stake at fair value. Following the transaction, TSMC's holding in VIS is reduced to approximately 19%. The divestment caused VIS's stock price to plummet to its limit down.
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