TSMC's board approved about $40.9 billion in capital spending and up to $500 million each for stakes in Anthropic and OpenAI.
• Capex appropriation of about $40.93B for advanced nodes, advanced packaging, fab construction and 2027 R&D
• Up to $500M for Anthropic common shares at its IPO price and up to $500M for OpenAI preferred stock; these are ceilings, not completed buys
Why it matters: The top contract chipmaker plans to hold stakes in two leading AI developers, not just make chips.
Source: TSMC board resolutions release (Nov. 10)
Not financial advice.
💬 Should chipmakers take stakes in AI developers?
#TSMC #AI #Semiconductors
• Capex appropriation of about $40.93B for advanced nodes, advanced packaging, fab construction and 2027 R&D
• Up to $500M for Anthropic common shares at its IPO price and up to $500M for OpenAI preferred stock; these are ceilings, not completed buys
Why it matters: The top contract chipmaker plans to hold stakes in two leading AI developers, not just make chips.
Source: TSMC board resolutions release (Nov. 10)
Not financial advice.
💬 Should chipmakers take stakes in AI developers?
#TSMC #AI #Semiconductors