TSMC to invest in Arm’s IPO and buy stake in nanotech firm from Intel

Arm Holdings Plc, a leading chip design company, will receive up to $100 million from TSMC, the world’s biggest contract chipmaker, as part of its IPO, TSMC announced on Tuesday. TSMC also said it agreed to buy 10% of IMS Nanofabrication Global, LLC, a nanotechnology company, from Intel Corp (INTC.O) for up to $432.8 million.

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