TSMC Approves US$1 Billion in Anthropic and OpenAI Investments

TSMC has approved investments of US$500 million each in Anthropic and OpenAI, conditional on the frontier AI labs becoming publicly traded. The move would expand TSMC’s role in the AI industry beyond manufacturing advanced chips and into holding stakes in two major customers for AI hardware. It also signals the Taiwan chipmaker’s confidence in sustained demand for AI despite concerns about rapidly rising industry spending. Anthropic is reportedly scheduled to go public on November 19 at a valuation of approximately US$1.4 trillion, while OpenAI is targeting an initial public offering in 2027.