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

Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, has approved plans to invest up to $500 million each in leading artificial intelligence developers Anthropic and OpenAI. This strategic move, totaling up to $1 billion, signals TSMC's strong confidence in the future growth of AI and deepens its financial involvement in the broader AI ecosystem, extending beyond its core semiconductor manufacturing business.