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TSMC Buys Stake In Intel Biz, Invests $100M In Chipmaker IPO

By Jade Martinez-Pogue (September 12, 2023, 2:19 PM EDT) -- Taiwan Semiconductor Manufacturing Co. on Tuesday announced it will purchase a roughly 10% stake in Intel's IMS nanofabrication business in a deal valuing the unit at roughly $4.3 billion, while separately announcing plans to invest as much as $100 million in chipmaker Arm Holdings PLC's initial public offering....

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