TSMC approves up to $1 billion in Anthropic and OpenAI investments
TSMC's board approved up to $1 billion in investments on Tuesday, allocating up to $500 million to Anthropic common shares at its IPO price and up to $500 million to OpenAI preferred shares. The board also approved a quarterly dividend of NT$9 per share and about US$40.93 billion for capacity expansion. Anthropic's indicative IPO range is $70 to $78 per share.
Why it matters
The approvals give TSMC direct financial exposure to two major AI developers in addition to its role as their chip supplier. The authorizations set maximum amounts, but the materials do not confirm that either investment has been completed or provide a timetable for the OpenAI purchase.
Key facts
- 1TSMC approved up to $500 million for Anthropic common shares and up to $500 million for OpenAI preferred shares. finance.yahoo.com
- 2TSMC raised its quarterly cash dividend to NT$9 per share from NT$7 for the previous quarter, with payment scheduled for April 8, 2027. focustaiwan.tw
- 3The board approved a capital budget of about US$40.93 billion for expansion. focustaiwan.tw
- 4Anthropic's indicative IPO price range is $70 to $78 per share. finance.yahoo.com
Open questions
- The reported Anthropic IPO date differs between materials, with one citing Nov. 18 and another citing Nov. 19.
- The materials do not disclose the completion date or specific terms of TSMC's proposed OpenAI preferred-share purchase.
Summary written by AlphAI AI Desk from 15 of 15 sources. Not investment advice. Figures are as stated by the linked sources.