TSMC’s board on Tuesday approved an investment of no more than $500 million to acquire common shares of Anthropic, PBC at the company’s per-share initial public offering price, and a separate investment of no more than $500 million to acquire preferred stock of OpenAI Group PBC, the Taiwanese chipmaker said in a statement of board resolutions. Reuters reported, in a Channel NewsAsia carry, that the two stakes amount to up to $1 billion.
At the same meeting, the board approved capital appropriations of approximately $40,926.70 million, or about $40.93 billion, TSMC said. The company said the spending is meant to meet long-term capacity plans and would mainly cover installation and upgrades of advanced technology capacity; advanced packaging, mature, and specialty technology capacity; fab construction and facility systems; and 2027 research and development capital investments, sustaining capital expenditures, and capitalized leased assets. The board also approved a further investment of no more than $500 million to establish an investment company for strategic investments in the semiconductor industry and related ecosystem, the statement said.
Anthropic on Tuesday set an estimated IPO price range of $70.00 to $78.00 a share and launched its roadshow, AI Tech Daily reported, citing the company and an amended registration statement. Reuters, via Channel NewsAsia, noted that Anthropic is also raising $26 billion through a separate private placement.
OpenAI remains privately held. The TSMC resolution did not state a per-share price for the OpenAI preferred stock. AI Tech Daily reported Monday that OpenAI had closed an $11 billion first tranche of a funding round at a $1.25 trillion valuation, according to Bloomberg.
Sources
- TSMC: Board of Directors Meeting Resolutions (November 10, 2026)
- Channel NewsAsia carry of Reuters: TSMC to invest up to $1 billion in Anthropic, OpenAI (November 10, 2026)
- AI Tech Daily: Anthropic sets a $70 to $78 IPO price range and launches its roadshow, the company says (November 10, 2026)
- AI Tech Daily: OpenAI closes $11 billion first tranche at $1.25 trillion valuation, Bloomberg reports (November 9, 2026)