I’m not sure if OP’s ARC would be revoked, though his re-entry will be banned for several years. If he is expeled from the school , his ARC is cancelled， or if he frees before his case is completed, he is ordered to leave or deported. Otherwise, articles 32 and 36 of immigration act seem not cancel his ARC.
Taiwan’s regulation on deportation is here.
https://law.moj.gov.tw/ENG/LawClass/LawAll.aspx?pcode=D0080194
is this 100%? Many schools give a warning if caught on drunk driving it is possible that ARC extension/renewal would not approved. There seems some possibility exists to renew OP’s ARC, if he doesn’t leave here.