TSMC to invest up to $1 billion in Anthropic, OpenAI
· Business · Economic Times, Reuters, Wall Street Journal
Taiwanese chipmaker TSMC plans to invest up to $1 billion in AI developers Anthropic and OpenAI to secure its position in the artificial intelligence infrastructure market. The company's board approved two separate $500 million investments, with the Anthropic stake tied to its initial public offering price. This move follows Anthropic’s announcement of an IPO seeking a valuation of up to $1.4 trillion. TSMC, the world's largest contract chipmaker, continues to report record profits driven by robust demand for AI-related hardware. The company also expects 44% revenue growth for the 2026 fiscal year despite maintaining a cautious outlook for 2027.
Why it matters
This investment signals a strategic shift for TSMC from being a pure hardware supplier to a stakeholder in the AI models that rely on its chips, potentially influencing the future direction of the AI industry.
Read the original report — Economic Times
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