TSMC to Invest Up to $1 Billion in AI Developers Anthropic and OpenAI

Taiwan Semiconductor Manufacturing Co. (TSMC) has approved plans to invest up to US$500 million in Anthropic common shares at its IPO price and another US$500 million to acquire preferred shares in OpenAI. This strategic investment reflects TSMC's optimism about AI development and its interest in taking stakes in major AI firms, alongside a plan to establish an investment company for strategic investments in semiconductor and related businesses.