Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest chipmaker, said its board approved plans to invest up to $500 million in OpenAI preferred shares and up to $500 million in Anthropic common shares at the company’s initial public offering price.
The investments link TSMC to major AI companies that are driving demand for its advanced chips. TSMC said they aim to strengthen relationships with future customers and expand its influence in the broader AI ecosystem.
The board also approved a record-high quarterly cash dividend of NT$9 (US$0.27) per share for the third quarter, up from NT$7.
It approved a capital budget of approximately $40.93 billion for capacity expansion and research and development.