SoftBank TSMC Stake Plunges 71.5% to 565,000 Depositary Receipts

SoftBank Group slashed its TSMC position by over 70%, retaining only 565,000 depositary receipts per SEC filings, marking a massive exit from the chipmaker.

Woofun AI reports that SoftBank Group has significantly decreased its ownership in TSMC, with SEC filings confirming a 71.5% reduction in its stake. The adjustment leaves SoftBank holding 565,000 depositary receipts in the semiconductor manufacturer.