TSMC board approves up to $1 billion investment in Anthropic, OpenAI
In short
TSMC’s board approved up to $1 billion of investment on Tuesday.
It plans to put up to $500 million into Anthropic and up to $500 million into OpenAI. The move links the chip maker more closely to major AI companies.
What the reporting says
TSMC’s board approved up to $1 billion of investment on Tuesday, splitting up to $500 million for Anthropic and up to $500 million for OpenAI. The company plans to buy Anthropic shares at its IPO price and acquire preferred stock in OpenAI, according to publisher summaries. The move signals a direct financial stake in two major AI developers as demand for AI chips stays strong.
Why it matters
TSMC’s board approved up to $1 billion of investment on Tuesday, with up to $500 million for Anthropic and up to $500 million for OpenAI. The company plans to buy Anthropic shares at its IPO price and preferred stock in OpenAI. The move ties TSMC more directly to leading AI developers and could strengthen its position in AI infrastructure and chip demand.