Chipmaker TSMC is set to become a shareholder in two AI labs. Its board approved spending up to $500 million on Anthropic shares and up to $500 million on OpenAI stock.
The approvals came at a board meeting on 10 November. For Anthropic, TSMC will buy common shares at the per-share price of Anthropic’s initial public offering. For OpenAI, it will buy preferred stock. In both cases the figure is a ceiling, not a commitment to spend the full amount.
Anthropic’s offering has a range of $70 to $78 a share, so the final price will decide how many shares $500 million buys.
The same board resolution approved a separate vehicle: an investment company, funded with no more than $500 million, to make strategic investments in the semiconductor industry and its supporting businesses. That is a different pot from the two AI stakes.
The investment company’s purpose, in TSMC’s wording, is strategic investments in the semiconductor industry and related ecosystem.
The meeting also cleared the company’s third-quarter results. Revenue was NT$1,494.24 billion and net income NT$763.06 billion. The board set a cash dividend of NT$9.0 a share and approved capital spending of about $40.93 billion, mostly for advanced chip and packaging capacity and new fabs.
The capital appropriation covers installing and upgrading advanced technology capacity, advanced packaging and mature or specialty capacity, fab construction and facility systems, and 2027 research and development spending.
The dividend goes to shareholders on the register at 17 March 2027 and is paid on 8 April 2027. TSMC gave no completion date for either share purchase.
