According to ChainCatcher citing The Wall Street Journal, TSMC said on Tuesday that its board approved investments totaling up to $1 billion in Anthropic and OpenAI. TSMC plans to subscribe for up to $500 million of Anthropic common stock at its initial public offering price and invest up to $500 million in OpenAI preferred shares. The OpenAI investment is in special shares of OpenAI Group PBC.
The board also approved up to $500 million to establish an investment company for strategic investments in the semiconductor industry and related ecosystem. Separately, it approved a capital budget of approximately $40.9 billion for advanced processes and packaging, mature and specialty-process capacity, facilities, and 2027 research and development, recurring capital, and capitalized lease asset budgets.