TSMC plans $1B investment in Anthropic and OpenAI

Taiwan’s chipmaking giant TSMC to invest $1B in Anthropic, OpenAI

TSMC's board approved a plan to invest up to $1 billion total in OpenAI and Anthropic, taking direct equity stakes in both AI developers. Per Reuters, TSMC will put up to $500 million into OpenAI preferred shares for large investors, and another $500 million into Anthropic common stock at its expected IPO price.

Why it matters: TSMC plans to take stakes in Anthropic and OpenAI, and this circular funding between supplier and customer makes real AI hardware and service demand harder for the market to judge.