TSMC to decide on investing in Arm IPO this week

TSMC to decide on investing in Arm IPO this week

FILE PHOTO: A logo of Taiwanese chip giant TSMC can be seen in Tainan, Taiwan, Dec. 29, 2022.REUTERS/Ann Wang/File Photo

TSMC, the world’s largest contract chipmaker, will decide this week whether to invest in chip designer Arm Holdings’ blockbuster initial public offering (IPO), Chairman Mark Liu said on Wednesday.