Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC, 2330) announced on May 18, 2026, the disposal of its equity investment in Vanguard International Semiconductor (VIS).

### Transaction Details - **Security:** Vanguard International Semiconductor Corporation (Common Stock) - **Quantity:** 152,000,000 shares - **Unit Price:** NT$160.6 per share - **Total Amount:** NT$24,411 million

### Financial Impact TSMC expects to record a gain of NT$63,202 million from this disposal. This gain includes the profit generated from remeasuring the remaining shares at fair value following the change in accounting treatment.

### Post-Transaction Holding Following the sale, TSMC holds 354,709,324 shares of VIS, representing an ownership stake of 19.0%. Prior to this transaction, VIS was an equity-method affiliate of TSMC.

### Purpose of Disposal The company stated that the objective of this transaction is the disposal of equity investments as part of its strategic portfolio management. The transaction was not with a related party.

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  • Source: PR Times
  • Category: News