TSMC plans to sell 152 million shares in chipmaker Vanguard - BNN Bloomberg
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Article Excerpt
TAIPEI - TSMC, the world’s largest contract chipmaker, said on Friday it plans to sell up to 152 million shares in Vanguard International Semiconductor via a block trade to financial institutional investors, cutting its stake in the chipmaker.
TSMC said the proposed share sale would reduce its holding in Vanguard International Semiconductor, or VIS, to about 19 per cent from around 27.1 per cent on a fully diluted basis. TSMC said it has no plans to sell additional VIS shares in the foreseeable future.
At current prices, 152 million VIS shares are worth around 26.8 billion Taiwan …
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Jun 8, 2026