TSMC Plans to Divest 8.1% Stake in Vanguard International Semiconductor
TSMC announces plans to sell up to 152 million shares of Vanguard International Semiconductor (VIS), reducing its stake to about 19%, to focus resources on its core business.
📋 Article Processing Timeline
- 📰 Published: May 15, 2026 at 09:00
- 🔍 Collected: May 16, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 16, 2026 at 11:48 (3h 48m after Collected)
1. Date of Occurrence: 115/05/15
2. Company Name: Taiwan Semiconductor Manufacturing Company (TSMC)
3. Relationship with the Company: Parent company
4. Mutual shareholding ratio: Not applicable
5. Reason for occurrence: Not applicable
6. Response measures: Not applicable
7. Other items to be stated: (This material information simultaneously meets the requirements of Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a significant impact on shareholder rights or securities prices.)
TSMC announced today (the 15th) that it plans to sell its ordinary shares in Vanguard International Semiconductor Corporation, with the number of shares sold not exceeding 152 million, equivalent to approximately 8.1% of VIS's issued share capital. TSMC plans to execute this sale through block trading, and the anticipated buyers are financial investment institutions.
This equity divestment plan will not affect the strategic cooperative relationship between TSMC and VIS, including commissioning VIS for silicon interposer production and licensing GaN process technology to the company. This divestment plan is part of TSMC's planning to focus resources on its core business. As of June 2024, TSMC no longer holds a seat on the board of directors of Vanguard International Semiconductor Corporation.
On a fully diluted basis, TSMC currently holds approximately 27.1% of VIS shares. After this divestment, TSMC expects its stake in VIS to decrease to approximately 19%. In the foreseeable future, TSMC has no plans for further divestment of the company's equity.
2. Company Name: Taiwan Semiconductor Manufacturing Company (TSMC)
3. Relationship with the Company: Parent company
4. Mutual shareholding ratio: Not applicable
5. Reason for occurrence: Not applicable
6. Response measures: Not applicable
7. Other items to be stated: (This material information simultaneously meets the requirements of Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a significant impact on shareholder rights or securities prices.)
TSMC announced today (the 15th) that it plans to sell its ordinary shares in Vanguard International Semiconductor Corporation, with the number of shares sold not exceeding 152 million, equivalent to approximately 8.1% of VIS's issued share capital. TSMC plans to execute this sale through block trading, and the anticipated buyers are financial investment institutions.
This equity divestment plan will not affect the strategic cooperative relationship between TSMC and VIS, including commissioning VIS for silicon interposer production and licensing GaN process technology to the company. This divestment plan is part of TSMC's planning to focus resources on its core business. As of June 2024, TSMC no longer holds a seat on the board of directors of Vanguard International Semiconductor Corporation.
On a fully diluted basis, TSMC currently holds approximately 27.1% of VIS shares. After this divestment, TSMC expects its stake in VIS to decrease to approximately 19%. In the foreseeable future, TSMC has no plans for further divestment of the company's equity.