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

Taiwanese chipmaking giant TSMC plans to invest $1 billion in leading AI developers Anthropic and OpenAI, with $500 million allocated to each. This move gives TSMC direct stakes in AI companies, further benefiting from the AI data center buildout, despite concerns from analysts about circular financing in the AI market. TSMC has reported six consecutive quarters of record profit due to high demand for AI-related chips.