TSMC to Sell 152 Million Shares in Vanguard in Strategic Refocus as AI Boom Reshapes Semiconductor Priorities - Tekedia

TSMC plans to sell up to 152 million Vanguard International Semiconductor shares to institutional investors.

The move would cut TSMC’s stake in VIS to about 19% from 27.1%, while key outsourcing and licensing ties remain in place.

The decision signals TSMC is reallocating capital and management focus toward AI-driven advanced chip manufacturing.

It also reflects a broader industry shift away from non-core assets and toward higher-growth semiconductor segments.