TSMC Board Approves Up to $1B Investment in Anthropic IPO Shares and OpenAI Preferred Stock

rohanpaul_ai · x · 2026-11-11

Per WSJ, TSMC's board approved buying up to $500M of Anthropic common shares at its IPO price plus up to $500M of OpenAI preferred stock — a $1B total investment plan. TSMC also posted 60% YoY revenue growth for October. The move deepens capital ties between the chip foundry and frontier AI labs.

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