This research aims to correlate the macroscopic fracture phenomenon with its microscopic fracture mechanism for an advanced high-strength steel (AHSS) TRIP 780 sheet by applying a combined experimental-numerical approach. Six specimens with different shapes were tensioned to fracture and the main deformation areas of specimens were subjected to stress states ranging from lower to higher stress triaxiality. The final fracture surface feature for each specimen was obtained to characterize the macroscopic fracture modes at different stress states. The scanning electron microscope (SEM) fractographies of fracture surfaces were detected to reveal the microscopic fracture mechanisms. The stress triaxiality evolution was applied to correlate of fracture mode and fracture mechanism by comparing the macroscopic fracture features as well as micro-defect changes. An increase of stress triaxiality leads to voids extension and then results in a voids-dominant fracture. The micro-shear-slip tends to appear in the stress triaxiality level lower than that of pure shear stress state. The fracture behavior of a practice deformation process was the result of interplay between shear-slip fracture and void-dominant fracture. The unified relationship between average void sizes and stress triaxiality was obtained. The void growth was predicted by the Rice–Tracey model with higher precision.