TSMC plans to invest up to $1 billion in total in AI developers Anthropic and OpenAI, a move that positions the company to benefit from AI infrastructure supply while also holding stakes in leading AI developers—reflecting its confidence in long-term demand for AI technology. TSMC's board has approved the acquisition of Anthropic shares at their initial public offering price for up to $500 million, along with the acquisition of OpenAI preferred stock for up to $500 million. Anthropic had previously set its IPO price range at $70 to $78 per share, seeking a valuation of up to $1.4 trillion, and has raised $26 billion through private financing from investors including Google, Nvidia, AMD, and Microsoft, among others. As the world's largest chip foundry and a core supplier to leading AI companies, TSMC has recently reported record profits for six consecutive quarters, with demand for AI-related chips remaining strong and continuing to outpace production capacity. The company expects full-year revenue growth of approximately 44% in 2026 and is pressing ahead with capacity expansion—including a $265 billion investment in its Arizona facility and the evaluation of a potential project in Texas—though it maintains a cautious outlook for the industry in 2027.