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HSINCHU, Taiwan – TSMC’s board approved investments of up to $1 billion combined in Anthropic and OpenAI on Tuesday, authorizing up to $500 million for shares in each AI developer. The resolutions approve spending ceilings, not completed purchases.
Under the November 10 board resolutions, TSMC may acquire up to $500 million of Anthropic common shares at Anthropic’s per-share initial public offering price. A separate approval covers up to $500 million of preferred stock in OpenAI Group PBC.
The announcement does not disclose the number of shares TSMC would acquire, its eventual ownership percentages, completion dates or the per-share terms of the OpenAI investment. It does not state a numerical Anthropic IPO price or an IPO date.
The approvals concern equity investments. They do not announce chip-purchasing agreements, customer procurement commitments or a requirement that either AI developer buy a particular amount of TSMC production.
Separately, the board authorized up to $500 million to establish an investment company for strategic investments in the semiconductor industry and related ecosystem. That authorization is distinct from the two AI-company investments and is not part of their combined $1 billion ceiling.
The board also approved approximately $40.927 billion in capital appropriations for advanced manufacturing capacity, advanced packaging, mature and specialty technology capacity, factory construction and facility systems.
Those appropriations also cover 2027 research-and-development capital investments, sustaining capital spending and capitalized leased assets. They are project and investment authorizations described in the board release, not a new annual capital-expenditure forecast.
The resolutions follow TSMC’s separate October revenue report, covered earlier by JBizNews. The investment approvals do not change the figures in that report.
What it means: TSMC has authorized potential ownership stakes in two AI developers while making separate decisions about semiconductor investment and manufacturing capacity. The next question is whether, when and on what final terms the approved investments are carried out. Tuesday’s release does not answer those questions.
JBizNews Desk | Technology & Business
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