[TSMC Sells Remaining Arm Shares, Cashing Out Approximately $231 Million] According to a report by Jinse Finance on April 29, TSMC (TSM.N) stated in a company filing on Wednesday that it has sold its remaining stake in Arm (ARM.O). The filing shows that TSMC's subsidiary, TSMC Partners, sold 1.11 million shares of Arm stock at a price of $207.65 per share from April 28 to 29, totaling approximately $231 million. This sale impacted retained earnings by $174 million. After the transaction, TSMC no longer holds any shares in Arm. TSMC had previously invested approximately $100 million during Arm's initial public offering in 2023, alongside several strategic investors, at a price of $51 per share. Subsequently, TSMC gradually reduced its holdings, selling 850,000 shares in 2024 at a price of $119.47 per share, cashing out approximately $102 million. (Jin10)